Transcat, Inc. (TRNS) Tops Q4 EPS by 5c

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Go back to Transcat, Inc. (TRNS) Tops Q4 EPS by 5c

Transcat Reports Fourth Quarter and Full Year 2020 Results

May 19, 2020 4:15 PM EDT

Record fourth quarter and full fiscal year revenue of $45.8 million and $173.1 million, respectively Service segment continued to deliver revenue growth of 2.9% and 10.7% in the fourth quarter and fiscal 2020, respectively, despite COVID-19 impact in the latter half of the fourth quarter Service segment gross margin expanded 120 basis points to 28.9% in the fourth quarter; up 40 basis points for the fiscal year Achieved record net income of $8.1 million, or $1.08 per diluted share, in fiscal 2020

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