Northland Downgrades Transcat Inc. (TRNS) to Market Perform 'on Valuation'

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. CVS
8. SWKS
9. SPY
10. XYZ

Go back to Northland Downgrades Transcat Inc. (TRNS) to Market Perform 'on Valuation'

Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024

May 20, 2024 4:20 PM EDT

Fourth Quarter Service gross margin expanded 170 basis points driven by 13% Service organic growth Fourth Quarter Distribution gross margin expands 510 basis points to 30.3% on strength of Rentals Fourth Quarter Consolidated adjusted EBITDA grew 29.8% with margins expanding 200 basis points Generated $32.6M of Operating Cash Flow in fiscal 2024, 92% growth versus prior year

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Transcat, Inc. (Nasdaq: TRNS) (Transcat or the Company), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control... More