Transcat, Inc. (TRNS) Tops Q2 EPS by 3c
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Transcat Reports Second Quarter Adjusted EBITDA Increase of 35.5% to $7.1 Million on Strong Revenue Growth and Gross Margin Expansion
November 2, 2021 4:15 PM EDTConsolidated revenue of $50.4 million up 21.1% from prior year Service segment revenue grew 20.3% and gross margin expanded 70 basis points to 32.9%; organic revenue grew 14.0% Distribution segment revenue grew 22.2% and gross margin expanded 240 basis points to 23.5% Operating expenses include $0.8 million of one-time transaction costs from NEXA acquisition; adjusted EBITDA of $7.1 million, up 35.5% from prior year
ROCHESTER, N.Y.--(BUSINESS... More
