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Stock impact report

Transcat Reports Second Quarter Results with Growth in Revenue and Gross Profit

Transcat, Inc. (TRNS) 
Last transcat, inc. earnings: 2/4 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: transcat.com/investor-relations
Company Research Source: Business Wire
Consolidated Revenue grew 8% compared to prior yearDistribution Gross Profit grew 10% on double-digit Revenue growthServices Gross Profit grew 4% driven by 4% Organic Revenue growth 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 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.“Consolidated revenue was up 8%. Consistent dem Show less Read more
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