Transcat, Inc. (TRNS) Misses Q3 EPS by 6c, Revenues Miss

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Go back to Transcat, Inc. (TRNS) Misses Q3 EPS by 6c, Revenues Miss

Transcat Reports Record Third Quarter Revenue in Fiscal 2019

February 4, 2019 4:15 PM EST

Achieved 9.2% Service segment revenue growth with solid U.S. Service organic growth of 6.9% offsetting soft results of Canada operations Service margins impacted by short-term productivity challenges of its technical work force Distribution segment gross margin increased 180 basis points on gross profit growth due to strategic optimization of customer channel mix and pricing Generated $7.2 million in cash from year-to-date operations, up 25%

ROCHESTER, N.Y.--(BUSINESS WIRE)--... More