Articles from Transcat, Inc.
Transcat Reports Third Quarter Results with Revenue Growth
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 instrumentation, today reported financial results for its third quarter ended December 28, 2024 (the “third quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023, Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023, Becnel Rental Tools, LLC ("Becnel") effective April 15, 2024 and Martin Calibration Inc. ("Martin) effective December 10, 2024.
By Transcat, Inc. · Via Business Wire · January 27, 2025
Transcat Announces Third Quarter Fiscal Year 2025 Conference Call and Webcast
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 instrumentation, announced that it will release its third quarter fiscal year 2025 results after the close of financial markets on Monday, January 27, 2025.
By Transcat, Inc. · Via Business Wire · January 13, 2025
Transcat Acquires Martin Calibration Inc.’s 7 Labs, Expanding Midwest Service Presence, Including Minneapolis
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 instrumentation, announced that it has acquired privately-held Martin Calibration Inc. (Martin), effective December 10, 2024. The $79 million purchase price was paid in combination of $69 million in cash and $10 million in Company stock and is subject to certain customary adjustment and holdback provisions.
By Transcat, Inc. · Via Business Wire · December 10, 2024
Transcat Reports Second Quarter Results with Growth in Revenue and Gross Profit
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 instrumentation, today reported financial results for its second quarter ended September 28, 2024 (the “second quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023, Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023 and Becnel Rental Tools, LLC ("Becnel") effective April 15, 2024.
By Transcat, Inc. · Via Business Wire · October 28, 2024
Transcat Announces Second Quarter Fiscal Year 2025 Conference Call and Webcast
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 instrumentation, announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Monday, October 28, 2024.
By Transcat, Inc. · Via Business Wire · October 14, 2024
Transcat Reports Strong First Quarter Results with Significant Gross Margin Expansion and EBITDA Growth
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 instrumentation, today reported financial results for its first quarter ended June 29, 2024 (the “first quarter”) of fiscal year 2025, which ends March 29, 2025 (“fiscal 2025”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023, Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023 and Becnel Rental Tools, LLC ("Becnel") effective April 15, 2024.
By Transcat, Inc. · Via Business Wire · July 29, 2024
Transcat Announces First Quarter Fiscal Year 2025 Conference Call and Webcast
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 instrumentation, announced that it will release its first quarter fiscal year 2025 results after the close of financial markets on Monday, July 29, 2024.
By Transcat, Inc. · Via Business Wire · July 15, 2024
Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024
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 instrumentation, today reported financial results for its fourth quarter ended March 30, 2024 (the “fourth quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023 and Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023. Transcat operates on a 52/53 week fiscal year, ending the last Saturday in March. In a 52-week fiscal year, each of the four quarters is a 13-week period. In a 53-week fiscal year (which occurs once every five or six years), the last quarter is a 14-week period. Fiscal 2024 consisted of 53 weeks while the fiscal year 2023 consisted of 52 weeks.
By Transcat, Inc. · Via Business Wire · May 20, 2024
Transcat Announces Fourth Quarter Fiscal Year 2024 Conference Call and Webcast
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 instrumentation, announced that it will release its fourth quarter fiscal year 2024 results after the close of financial markets on Monday, May 20, 2024.
By Transcat, Inc. · Via Business Wire · May 8, 2024
Transcat further expands its higher margin rental business with the acquisition of Becnel Rental Tools, Inc.
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 instrumentation, announced that it has acquired privately-held Becnel Rental Tools LLC (Becnel), effective April 15, 2024. The $50 million purchase price was paid in combination of $32.5 million in Company stock and $17.5 million in cash and is subject to certain customary holdback provisions.
By Transcat, Inc. · Via Business Wire · April 15, 2024
Transcat Reports Strong Third Quarter Results on Service Gross Margin Expansion and Adjusted EBITDA Growth
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement, and control instrumentation, today reported financial results for its third quarter ended December 23, 2023 (the “third quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023 and Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023.
By Transcat, Inc. · Via Business Wire · January 29, 2024
Transcat Announces Third Quarter Fiscal Year 2024 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its third quarter fiscal year 2024 results after the close of financial markets on Monday, January 29, 2024.
By Transcat, Inc. · Via Business Wire · January 15, 2024
Transcat Reports Strong Second Quarter Results on Double-Digit Organic Service Growth and Expanding Gross Margins
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement, and control instrumentation, today reported financial results for its second quarter ended September 23, 2023 (the “second quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of TIC-MS, Inc. ("TIC-MS") effective March 27, 2023, SteriQual, Inc. ("SteriQual"), effective July 12, 2023 and Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023.
By Transcat, Inc. · Via Business Wire · October 30, 2023
Transcat Announces Second Quarter Fiscal Year 2024 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its second quarter fiscal year 2024 results after the close of financial markets on Monday, October 30, 2023.
By Transcat, Inc. · Via Business Wire · October 16, 2023
Transcat, Inc. Prices $70 Million Public Offering of Common Stock
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, today announced that it has priced its underwritten public offering of 736,845 shares of its common stock at a public offering price of $95.00 per share. Transcat expects the net proceeds from this offering to be approximately $65.2 million, after deducting underwriting discounts and commissions and estimated offering expenses. Transcat intends to use the net proceeds from this offering to repay its credit facility with Manufacturers and Traders Trust Company, for working capital, and for other general corporate purposes. Transcat has granted the underwriters a 30-day option to purchase up to 110,526 additional shares of its common stock. Transcat expects the offering to close on or about September 25, 2023, subject to the satisfaction of customary closing conditions.
By Transcat, Inc. · Via Business Wire · September 21, 2023
Transcat, Inc. Announces Proposed Public Offering of Common Stock
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, today announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering. All of the shares of common stock are being offered by Transcat. Transcat also expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Transcat intends to use the net proceeds from the proposed offering to repay its credit facility with Manufacturers and Traders Trust Company, for working capital, and for other general corporate purposes.
By Transcat, Inc. · Via Business Wire · September 20, 2023
Transcat accelerates the growth of its high margin rental business with the acquisition of Axiom Test Equipment, Inc.
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired all of the capital stock of privately-held Axiom Test Equipment, Inc. (“Axiom”), effective August 8, 2023. The $38 million purchase price was paid in combination of $28 million in Company stock and $10 million in cash and is subject to certain customary holdback provisions.
By Transcat, Inc. · Via Business Wire · August 8, 2023
Transcat Reports Strong First Quarter Results on Double-Digit Organic Service Growth and Expanding Gross Margins
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement, and control instrumentation, today reported financial results for its first quarter ended June 24, 2023 (the “first quarter”) of fiscal year 2024, which ends March 30, 2024 (“fiscal 2024”). Results include the previously reported acquisitions of Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022, e2b Calibration ("e2b"), effective September 27, 2022, Galium Limited (d/b/a Complete Calibrations) ("Complete Calibrations"), effective September 28, 2022 and TIC-MS, Inc. ("TIC-MS") effective March 27, 2023.
By Transcat, Inc. · Via Business Wire · July 31, 2023
Transcat Announces First Quarter Fiscal Year 2024 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its first quarter fiscal year 2024 results after the close of financial markets on Monday, July 31, 2023.
By Transcat, Inc. · Via Business Wire · July 17, 2023
Transcat Extends Its Professional Services Business With Acquisition of SteriQual, Inc.
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held SteriQual, Inc. (SteriQual), effective July 12, 2023. The purchase price of $4.25 million was paid in Company stock and is subject to certain holdback provisions.
By Transcat, Inc. · Via Business Wire · July 12, 2023
Transcat Reports Record Revenue and Gross Margins for Fourth Quarter and Full Year 2023
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its fourth quarter and fiscal year ended March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Upstate Metrology, Inc. ("Upstate Metrology") effective April 29, 2021, Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021, Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022, e2b Calibration ("e2b"), effective September 27, 2022, and Galium Limited (d/b/a Complete Calibrations) ("Complete Calibrations"), effective September 28, 2022.
By Transcat, Inc. · Via Business Wire · May 22, 2023
Transcat Announces Fourth Quarter and Full Fiscal Year 2023 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its fourth quarter and full fiscal year 2023 results after the close of financial markets on Monday, May 22, 2023.
By Transcat, Inc. · Via Business Wire · May 9, 2023
Transcat Strengthens Midwest Presence with Acquisition of St. Louis based TIC-MS, Inc.
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held TIC-MS, Inc. (TIC-MS), effective March 27, 2023. The purchase price of $9.7 million was paid in combination of 70% stock and 30% cash and is subject to certain customary holdback provisions.
By Transcat, Inc. · Via Business Wire · March 27, 2023
Transcat, Inc. to Participate in the 35th Annual Roth Conference in Dana Point, California
Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announce that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will be available for investor meetings at the Roth Conference on Monday, March 13 and Tuesday, March 14, 2023 at the Ritz Carlton, Laguna Niguel in Dana Point, California. Transcat will host one-one-one meetings on Monday, March 13, 2023, from 8:00 a.m. to 4:00 p.m. PST and on Tuesday, March 14, 2023, from 8:00 am to 2:30 pm PST.
By Transcat, Inc. · Via Business Wire · February 28, 2023
Transcat Reports Third Quarter EBITDA Increase of 20% on 19% Service Revenue Growth and Strong Gross Margin Expansion
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its third quarter ended December 24, 2022 (the “third quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022, e2b Calibration, effective September 27, 2022 and Galium Limited (d/b/a Complete Calibrations), effective September 28, 2022.
By Transcat, Inc. · Via Business Wire · January 30, 2023
Transcat Announces Third Quarter Fiscal Year 2023 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its third quarter fiscal year 2023 results after the close of financial markets on Monday, January 30, 2023.
By Transcat, Inc. · Via Business Wire · January 18, 2023
Transcat, Inc. to Participate in the 13th Annual Craig-Hallum Alpha Select Conference in New York, NY
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will be available for investor meetings at the Craig-Hallum Alpha Select Conference on Thursday, November 17, 2022 at the Sheraton New York Times Square Hotel in New York, NY. Transcat will host one-one-one meetings from 8:00 a.m. to 4:40 p.m. ET.
By Transcat, Inc. · Via Business Wire · November 4, 2022
Transcat, Inc. to Present at 14th Annual Southwest IDEAS Investor Conference on November 16th in Dallas, TX
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will present and be available for investor meetings at the Southwest IDEAS Investor Conference on Wednesday, November 16, 2022 at the Westin Dallas Downtown in Dallas, TX. Transcat’s presentation is scheduled to begin at 3:45 p.m. CT. The presentation will be webcast live and can be accessed through the conference host’s main website: www.IDEASconferences.com and in the investor relations section of the company's website: https://www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.
By Transcat, Inc. · Via Business Wire · November 4, 2022
Transcat Reports Strong Second Quarter Results on 19% Service Revenue Growth
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its second quarter ended September 24, 2022 (the “second quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022.
By Transcat, Inc. · Via Business Wire · October 31, 2022
Transcat Announces Second Quarter Fiscal Year 2023 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its second quarter fiscal year 2023 results after the close of financial markets on Monday, October 31, 2022.
By Transcat, Inc. · Via Business Wire · October 18, 2022
Transcat Establishes Calibration Presence in Ireland with Acquisition of Complete Calibrations and acquires Cleveland-based e2b Calibration
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held Galium Limited (d/b/a Complete Calibrations), effective September 28, 2022. The purchase price was $1.2 million and was paid in cash. In addition, the Company also announced that it acquired substantially all of the assets of e2b Calibration, effective September 27, 2022. The purchase price of this transaction was $3.15 million and was also paid in cash.
By Transcat, Inc. · Via Business Wire · September 28, 2022
Transcat, Inc. to Present at Oppenheimer 25th Annual Technology, Internet & Communications Conference
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, President and Chief Executive Officer, and Thomas A. Barbato, Chief Financial Officer, will present and be available for investor meetings at the Oppenheimer 25th Annual Technology, Internet & Communications Conference on Wednesday, August 10, 2022. The Transcat presentation will be held on Wednesday, August 10 at 4:35 p.m. ET. A link to the live webcast, along with presentation materials, will be available at www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.
By Transcat, Inc. · Via Business Wire · August 3, 2022
Transcat Reports Strong First Quarter Results on 23% Service Revenue Growth and Solid Gross Margin Expansion
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its first quarter ended June 25, 2022 (the “first quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Upstate Metrology Inc. (“Upstate Metrology”) effective April 29, 2021, Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022.
By Transcat, Inc. · Via Business Wire · August 1, 2022
Transcat Announces First Quarter Fiscal Year 2023 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its first quarter fiscal year 2023 results after the close of financial markets on Monday, August 1, 2022.
By Transcat, Inc. · Via Business Wire · July 19, 2022
Transcat Strengthens Central Region Presence with Acquisition of Alliance Calibration
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired substantially all the assets of Alliance Calibration, LLC (Alliance), effective June 1, 2022. The purchase price was $4.7 million and is subject to certain customary holdback provisions.
By Transcat, Inc. · Via Business Wire · June 1, 2022
Transcat Reports Record Revenue and Adjusted Earnings Per Share for Fourth Quarter and Full Year Fiscal 2022
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its fourth quarter and fiscal year ended March 26, 2022 (“fiscal 2022”). Results include the previously reported acquisitions of BioTek Services, Inc. (“BioTek”) effective December 16, 2020, Upstate Metrology (“Upstate”) effective April 29, 2021, Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management), (“NEXA”) effective August 31, 2021 and Tangent Labs, LLC (“Tangent”) effective December 31, 2021.
By Transcat, Inc. · Via Business Wire · May 23, 2022
Transcat Announces Fourth Quarter and Full Fiscal Year 2022 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its fourth quarter and full fiscal year 2022 results after the close of financial markets on Monday, May 23, 2022.
By Transcat, Inc. · Via Business Wire · May 10, 2022
Transcat, Inc. to Present at Sidoti Small Cap Virtual Investor Conference
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, President and Chief Executive Officer, and Mark A. Doheny, Chief Financial Officer, will present and be available for investor meetings at the Sidoti Small Cap Virtual Investor Conference on Wednesday, March 23 and Thursday, March 24, 2022. The Transcat presentation will be held on Wednesday, March 23 at 12:15 p.m. Eastern Time. A link to the live webcast, along with presentation materials, will be available at www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.
By Transcat, Inc. · Via Business Wire · March 14, 2022
Transcat Reports Record Third Quarter EBITDA on Service Revenue Growth of 22% and Strong Gross Margin Expansion
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its third quarter and nine-month period ended December 25, 2021 (the “third quarter”) of fiscal year 2022, which ends March 26, 2022 (“fiscal 2022”). Results include the previously reported acquisitions of BioTek Services, Inc. (“BioTek”) effective December 16, 2020, Upstate Metrology (“Upstate”) effective April 29, 2021 and Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management), (“NEXA”) effective August 31, 2021.
By Transcat, Inc. · Via Business Wire · February 1, 2022
Transcat Announces Third Quarter Fiscal Year 2022 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its third quarter fiscal year 2022 results after the close of financial markets on Tuesday, February 1, 2022.
By Transcat, Inc. · Via Business Wire · January 21, 2022
Transcat Expands Service Business and Geographic Reach with Acquisition of Tangent Labs
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the stock of privately-held Tangent Labs, LLC (Tangent), effective December 31, 2021. The purchase price was $9.0 million and is subject to certain customary holdback provisions.
By Transcat, Inc. · Via Business Wire · January 3, 2022
Transcat named one of America’s Best Small Companies by Forbes
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today announced that Forbes has named it one of America's top 100 small companies for 2022 in its recently released list. Transcat was ranked 75th on the list with a 52-week return of 181.6 percent.
By Transcat, Inc. · Via Business Wire · December 9, 2021
Transcat, Inc. to Present at Sidoti Virtual Micro Cap Investor Conference
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, President and Chief Executive Officer, and Mark A. Doheny, Chief Financial Officer, will present and be available for investor meetings at the Sidoti Virtual Micro Cap Investor Conference on Wednesday, December 8, 2021. The Transcat presentation is scheduled to begin at 9:15 a.m. Eastern Time. A link to the live webcast, along with presentation materials, will be available at www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.
By Transcat, Inc. · Via Business Wire · November 30, 2021
Transcat Reports Second Quarter Adjusted EBITDA Increase of 35.5% to $7.1 Million on Strong Revenue Growth and Gross Margin Expansion
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its second quarter ended September 25, 2021 (the “second quarter”) of fiscal year 2022, which ends March 26, 2022 (“fiscal 2022”). Results include the previously reported acquisitions of BioTek Services, Inc. (“BioTek”) effective December 16, 2020, Upstate Metrology (“Upstate”) effective April 29, 2021 and Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management), (“NEXA”) effective August 31, 2021.
By Transcat, Inc. · Via Business Wire · November 2, 2021
Transcat Announces Second Quarter Fiscal Year 2022 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its second quarter fiscal year 2022 results after the close of financial markets on Tuesday, November 2, 2021.
By Transcat, Inc. · Via Business Wire · October 18, 2021
Transcat, Inc. to Present at the H.C. Wainwright 23rd Annual Global Investment Conference
Transcat, Inc. (NASDAQTRNS), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, Chief Executive Officer, and Mark A. Doheny, Chief Financial Officer, will present at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually September 13-15, 2021.
By Transcat, Inc. · Via Business Wire · September 7, 2021
Transcat Expands Life Science Service Capabilities and Geographic Reach into Ireland with Acquisition of NEXA Enterprise Asset Management
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held Cal Opex Limited (d/b/a NEXA Enterprise Asset Management), effective August 31, 2021. The purchase price of $22.5 million consisted of $20.25 million in cash and $2.25 million in Transcat common stock. Additionally, there are potential earn-out payments of up to $7.5 million over the next four years based upon NEXA achieving certain annual revenue and EBITDA goals. If achieved, the earn-out payments will also be made in common stock.
By Transcat, Inc. · Via Business Wire · August 31, 2021
Transcat, Inc. to Present at Oppenheimer Technology, Internet, and Communications Virtual Conference
Transcat, Inc. (NASDAQTRNS), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, Chief Executive Officer, and Mark A. Doheny, Chief Financial Officer, will present and be available for investor meetings at the Oppenheimer Technology, Internet and Communications Virtual Conference on Wednesday, August 11, 2021.
By Transcat, Inc. · Via Business Wire · August 5, 2021
Transcat Reports Record First Quarter Results on 23% Revenue Growth and Solid Gross Margin Expansion
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its first quarter ended June 26, 2021 (the “first quarter”) of fiscal year 2022, which ends March 26, 2022 (“fiscal 2022”). Results include the previously reported acquisitions of Bio Tek Services, Inc. (“Bio Tek”) effective December 16, 2020 and Upstate Metrology (“Upstate”) effective April 29, 2021.
By Transcat, Inc. · Via Business Wire · July 27, 2021
Transcat Announces First Quarter Fiscal Year 2022 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its first quarter fiscal year 2022 results after the close of financial markets on Tuesday, July 27, 2021.
By Transcat, Inc. · Via Business Wire · July 14, 2021
Transcat Reports Record Revenue, Operating Income and Cash Flow for Fourth Quarter and Full Year Fiscal 2021
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its fourth quarter and fiscal year ended March 27, 2021 (“fiscal 2021”). Results include the previously reported acquisitions of TTE Laboratories, Inc. (referred to as “pipettes.com”) effective February 21, 2020 and the acquisition of Bio Tek Services, Inc. (“Bio Tek”) effective December 16, 2020.
By Transcat, Inc. · Via Business Wire · May 18, 2021
Transcat Announces Additions to Board of Directors
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced the appointments of Craig D. Cairns and Mbago M. Kaniki to its Board of Directors, effective May 12, 2021. These additions fill the vacancies that were created by the retirement of John Smith in January 2021 and Alan Resnick, who departed from the Board in September 2020. Both new Directors are considered independent.
By Transcat, Inc. · Via Business Wire · May 13, 2021
Transcat Announces Fourth Quarter and Full Fiscal Year 2021 Conference Call and Webcast
Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its fourth quarter and full fiscal year 2021 results after the close of financial markets on Tuesday, May 18, 2021.
By Transcat, Inc. · Via Business Wire · May 5, 2021