Transcat, Inc. (TRNS) Tops Q4 EPS by 10c, Revenues Beat

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Transcat Reports Record Revenue, Operating Income and Cash Flow for Fourth Quarter and Full Year Fiscal 2021

May 18, 2021 4:15 PM EDT

Consolidated fourth quarter revenue of $48.8 million up 6.6% from prior year; full year revenue slightly above prior year Service segment fourth quarter organic revenue grew 10% and gross margin expanded 500 basis points to 33.9% Service segment surpassed $100 million in revenue and 30% gross margin milestones for the full year Record full year operating income and operating cash flow of $11.1 million and $23.6 million, respectively

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Transcat, Inc. (Nasdaq: TRNS) (Transcat or the Company), a leading provider of accredited calibration, repair, inspection and laboratory instrument services... More