{"filings":[{"id":667638,"accession_number":"0001437749-26-018375","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2026-05-26T20:07:31+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q4 service rev +18%, guides high single-digit organic growth in FY27","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 service revenue $61.6M (+18%); distribution revenue $27.8M (+11%).","Full-year revenue $331.9M (+19%); gross margin expanded 50bps to 34.1%.","Service organic revenue grew 7% in Q4; company guides high single-digit for FY27.","Adjusted EBITDA up 16%; service gross margin improved 670bps sequentially.","Acquired SCM Metrology, establishing first Latin American operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":527722,"accession_number":"0001206774-26-000287","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2026-05-19T20:30:38+00:00","items":["5.02"],"status":"ready","headline":"Transcat COO West gets fiscal 2027 base salary of $425K, incentive at 40% and 65% of base","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Compensation Committee approved new compensation for COO Michael West effective March 29, 2026.","Base salary increased to $425,000 per annum for fiscal year ending March 27, 2027.","Target performance-based cash incentive set at 40% of base salary.","Target long-term equity incentive award set at 65% of base salary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116362,"accession_number":"0001206774-26-000129","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Transcat appoints Jaime Irick as President and CEO; Rudow transitions to senior advisor through FY2027","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jaime Irick becomes President and CEO effective March 29, 2026; also joins Board and Executive Committee.","Lee Rudow retires as CEO and from Board, will serve as senior advisor through March 2027.","Irick compensation: base salary $650k, target cash bonus 100%, equity target $2.3M for fiscal 2027.","CFO Thomas Barbato gets increased compensation: base $480k, target cash bonus 70% for fiscal 2027.","Board approved updated form of indemnification agreement for directors and executive officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116361,"accession_number":"0001437749-26-002801","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat reports Q3 FY2026 revenue of $83.9M (+26% YoY); service organic growth returns to 7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $83.9M, up 26%; service revenue $53.7M (+29%), distribution $30.2M (+20%).","Gross margin expanded 60 bps to 30.1%; distribution margin +330 bps on rental mix shift.","Adjusted EBITDA grew 27% YoY; management reaffirms fiscal 2026 service revenue expectations.","CEO expects continued high single-digit service organic growth in Q4, barring economic uncertainty.","Revenue growth driven by acquisitions, demand in life sciences, aerospace & defense, and energy."],"consensus_eps_estimate":null,"consensus_eps_actual":0.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":242552000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116360,"accession_number":"0001206774-26-000020","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2026-01-08T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Transcat grants retention RSUs to four execs as CEO Rudow plans retirement","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Rudow to retire in March 2026, then advisory role through March 2027.","Retention awards: Barbato 19,772 RSUs, Conroy 10,380, Haddad 5,190, West 12,028.","RSUs vest on Jan 6, 2028, contingent on continued employment.","Board search committee evaluating internal and external CEO candidates.","Update expected on Q3 FY2026 conference call in early February."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132811,"accession_number":"0001437749-25-032773","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q2 FY26 revenue $82.3M (+21%), adjusted EBITDA +37% but net income down 61%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $82.3M (+21% YoY); Service $52.8M (+20%), Distribution $29.4M (+24%)","Gross profit $26.8M (+26%), gross margin 32.5% (+120bps); Distribution gross margin up 530bps to 33.2%","Net income $1.3M (-61%), diluted EPS $0.14 vs $0.35; adjusted diluted EPS $0.44 vs $0.52","Adjusted EBITDA $12.1M (+37%), margin 14.7% vs 13.1%","Management expects high single-digit service organic revenue growth in H2 FY26, citing Essco and Martin acquisitions"],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":158696000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149352,"accession_number":"0001206774-25-000682","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-09-11T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Transcat appoints Kristina Johnston as principal accounting officer, effective Sept 10, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Johnston, 48, previously CFO of Vintage Wine Estates (2022-2025) and VP at Constellation Brands.","Annual base salary of $250,000; target cash incentive 30% of base; target equity award 25% of base.","Shareholders elected directors DePerrior, Langston, Mecca and approved board fixed at nine members.","Advisory say-on-pay approved; frequency set to every year; Deloitte ratified as auditor for FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149351,"accession_number":"0001206774-25-000568","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-08-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CEO Lee D. Rudow to retire by March 2026; will serve as senior advisor through March 2027","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Lee D. Rudow will retire as CEO and director in March 2026; board has formed search committee for successor.","Rudow will transition to senior advisor role through end of FY2027 with base salary of $1.5M per annum.","He received special RSU award: 12,500 RSUs vesting over FY2026-2027 and 12,500 performance RSUs tied to cumulative EBITDA.","CFO notes strong YTD performance, acquisitions of Martin Calibration and Essco, and expects high single-digit Service organic growth in H2 FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149350,"accession_number":"0001437749-25-025249","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q1 revenue +15%, adj. EBITDA +15% to $11.8M; acquires Essco Calibration ($22M rev)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Service revenue $49.1M (+12% YoY); distribution revenue $27.3M (+19% YoY) with record 35.2% gross margin.","GAAP net income $3.3M ($0.35 EPS) down 26%; adjusted diluted EPS $0.59 down 13%.","Adjusted EBITDA $11.8M (+15%); margin 15.4% vs 15.3% prior year.","Acquired Essco Calibration Laboratory with $22M annual revenue; largest deal in company history.","Expect return to high single-digit service organic revenue growth in H2 FY2026, barring economic uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":76424000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149349,"accession_number":"0001206774-25-000540","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["1.01","2.01","7.01","9.01"],"status":"ready","headline":"Transcat acquires Essco Calibration Laboratory for $84M, largest deal in its history","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired all membership units of Essco for $84M cash, closed August 5, 2025.","Essco has >$22M annual revenue, EBITDA margins >25%, 113 employees, 50-year history.","Largest Transcat deal; supported by new $150M syndicated credit facility from M&T Bank and Wells Fargo.","Combined Boston operations become Transcat's highest-revenue location; expects sales/cost synergies.","Second acquisition in eight months; with Martin Calibration, expected to contribute ~$50M annualized revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149348,"accession_number":"0001206774-25-000477","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Transcat enters new $150M secured credit facility, nearly doubling prior $80M facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New 5-year $150M revolving credit facility replaces existing $80M M&T facility; matures July 29, 2030.","Joint lead arrangers M&T and Wells Fargo; additional lender Bank of America.","Leverage ratio covenant capped at 3.00x; fixed charge coverage minimum 1.20x; temporary increase for acquisitions.","Interest: Base Rate + 0.00%-0.75% or SOFR + 1.00%-1.75% based on leverage ratio.","Proceeds for acquisitions, working capital, and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149347,"accession_number":"0001206774-25-000460","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Transcat director Charles P. Hadeed to retire effective August 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hadeed notified the company on July 16, 2025 of his retirement from the board.","He served 23 years with the company, including 18 years as a director.","Retirement is not due to any disagreement with company operations or policies.","No replacement director has been announced as of the filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":168387,"accession_number":"0001206774-25-000387","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K/A","filed_at":"2025-06-02T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Transcat updates auditor change: Freed Maxick dismissal effective May 27, 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Freed Maxick completed audit for FY2025 on May 27, 2025; dismissal effective that date.","No disagreements or reportable events with Freed Maxick during FY2024-25 or interim.","Freed Maxick's audit reports for FY2025 and FY2024 were unqualified, no adverse opinions.","Deloitte & Touche LLP engaged for FY2026 audit starting with June 28, 2025 quarter review."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":168389,"accession_number":"0001437749-25-017755","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q4 revenue up 9% to $77M; net income down 35% on operating margin compression","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $77.1M (+9% YoY); service revenue $52.0M (+11.3%) led calibration strength.","Q4 net income $4.5M, diluted EPS $0.48 vs $0.77; adjusted diluted EPS $0.64 vs $0.66.","Q4 adjusted EBITDA $12.7M (+9.1%), margin 16.5% flat; operating income fell 25% to $6.9M.","Full year revenue $278M (+7%); service organic growth high single-digit normalized for 53rd week.","Acquisitions added $6.8M incremental service revenue in Q4 (corrected from prior release)."],"consensus_eps_estimate":0.34,"consensus_eps_actual":1.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":278421000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":168388,"accession_number":"0001206774-25-000205","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-04-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Transcat Corporate Controller and PAO Scott D. Deverell announces retirement","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Scott D. Deverell notified Transcat on April 1, 2025 of his intent to retire as Corporate Controller and Principal Accounting Officer.","He will remain with the company at least through October 1, 2025 to ensure an orderly transition.","No replacement has been announced; transition plan is in place."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185553,"accession_number":"0001206774-25-000072","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Transcat dismisses Freed Maxick as auditor and engages Deloitte & Touche for FY2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee approved change on Feb 6, 2025; Freed Maxick dismissed after FY2025 audit completion.","Deloitte engaged on Feb 10, 2025 for FY2026 audit, starting with Q1 FY2026 review.","No disagreements or reportable events with Freed Maxick in fiscal 2023 and 2024.","Freed Maxick provided letter agreeing with disclosures; filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185552,"accession_number":"0001437749-25-001953","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2025-01-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q3 EPS $0.25 down 34%; gross margin down 260bps; acquires Martin Calibration","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $66.8M (+2.4%); Service flat at $41.6M; Distribution +6.5% to $25.2M.","GAAP diluted EPS $0.25 (down 34.2%); adjusted diluted EPS $0.45 (down 19.6%).","Gross margin fell 260bps to 29.5%; operating income down 51% to $2.1M.","Closed Martin Calibration acquisition Dec 10, 2024 (>$25M revenue) enhancing geographic reach.","Christmas holiday timing hit Service organic revenue; pipeline strong, expects normalization."],"consensus_eps_estimate":0.5151,"consensus_eps_actual":1.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":201287000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202137,"accession_number":"0001206774-24-001195","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Transcat grants enhanced change-in-control severance to CEO, CFO, SVP HR","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Rudow gets 24 months salary/bonus/benefits; CFO Barbato 12 months; SVP Conroy 6 months on qualifying termination after change in control.","All unvested equity awards vest immediately upon qualifying termination; option exercise periods extended for full term.","Change in control defined as merger, board change, >25% tender offer/ownership, or asset sale; transition period is 24 months.","Company states no imminent change in control; agreements intended to retain key officers and assure continuity if one occurs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202136,"accession_number":"0001206774-24-001101","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-12-10T23:59:59+00:00","items":["1.01","2.01","3.02","7.01","9.01"],"status":"ready","headline":"Transcat acquires Martin Calibration for $79M in cash and stock, expanding Midwest presence","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $79M: $69M cash + $10M in 96,006 shares of TRNS common stock.","Martin operates 7 labs in Minneapolis, Chicago, Milwaukee, Eau Claire, Tempe, Los Angeles; serves medical, life science, aerospace, nuclear.","Martin has over $25M revenue and nearly 150 employees; largest acquisition in Transcat history.","CEO Lee Rudow cites strong strategic fit, geographic expansion, and expected synergies.","Martin's owner Rick Brion joins Transcat; shares subject to lock-up until 45 days after registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202135,"accession_number":"0001437749-24-032367","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q2 revenue up 8% to $67.8M; Adj. EBITDA down 5%, Nexa slowdown drags organic growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $67.8M (+8%); Gross Profit $21.2M (+5.4%); Gross Margin 31.3% vs 32.0%.","Service Revenue $44.1M (+6.4%); organic growth 4% (ex-Nexa 9%).","Adjusted EBITDA $8.9M (-5.0%); Adjusted Diluted EPS $0.52 vs $0.60 (-13.3%).","CEO cites Nexa cost control business slowdown; integrating into Transcat sales/marketing and renaming to Transcat Solutions.","Distribution revenue up 11% but Gulf hurricanes pressured Q2 margins; expects sequential improvement and margin recovery in H2."],"consensus_eps_estimate":0.4029,"consensus_eps_actual":0.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":134533000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":218180,"accession_number":"0001206774-24-000898","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Transcat shareholders approve board declassification, elect directors at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved declassification; all director nominees will stand for annual one-year terms starting 2025.","Elected Craig D. Cairns, Oksana S. Dominach, Lee D. Rudow as directors for three-year terms ending 2027.","Advisory vote on executive compensation passed: 7.85M for, 252K against, 26K abstain.","Ratified Freed Maxick CPAs as independent auditor for FY2025: 8.59M for, 18K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":218179,"accession_number":"0001437749-24-023836","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat reports 10% revenue growth, 21% gross profit increase; adjusted EBITDA margin expands 130 bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $66.7M (+10.1% YoY); Service $43.8M (+9.8%), Distribution $22.9M (+10.5%).","Gross margin 34.0% (up 310 bps from 30.9%); adjusted EBITDA margin 15.3% (+130 bps).","Net income $4.4M (+49.5%); diluted EPS $0.48; adjusted diluted EPS $0.68 (+30.8%).","Acquired Becnel Rental Tools effective April 15, 2024, boosting higher-margin rental portfolio.","Management cites strong demand in regulated markets and successful acquisition integration."],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":66707000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238148,"accession_number":"0001206774-24-000582","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K/A","filed_at":"2024-05-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Transcat Chief Legal and Corporate Development Officer James M. Jenkins resigns effective June 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James M. Jenkins notified board of intention to resign as Chief Legal and Corporate Development Officer effective June 1, 2024.","Company will grant Jenkins a fully vested restricted stock award valued at $30,000 on May 31, 2024 for transition assistance.","Award shares determined by closing price on May 30, 2024; issued under 2021 Stock Incentive Plan.","This Amendment corrects an administrative error in the date of issuance of the restricted stock award."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238153,"accession_number":"0001437749-24-017757","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transcat Q4 revenue up 14% to $70.9M, EPS $0.77; Service organic growth 13%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $70.9M (+14% YoY); Service revenue $46.7M (+18%), Distribution $24.2M (+8%).","Q4 diluted EPS $0.77 (vs $0.48); adjusted diluted EPS $0.66 (vs $0.60).","Service gross margin expanded 170 bps; Distribution gross margin +510 bps to 30.3% on rental strength.","Adjusted EBITDA $11.7M (+30%); margin 16.5% (+200 bps).","Fiscal 2024 operating cash flow $32.6M, up 92% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":1.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":259481000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238152,"accession_number":"0001206774-24-000574","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Transcat amends NEXA purchase agreement; removes future earn-out payments, pays $527K for year 2","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Second Amendment to 2021 Share Purchase Agreement dated May 20, 2024 eliminates all future earn-out obligations for NEXA acquisition.","Buyer will pay $527,627 for earn-out year 2 (2023); no payment due for year 1 or any later years.","John Cummins terminated as VP of NEXA, rehired as VP of Global Strategic Partnerships under new employment letter.","Base purchase consideration of $22.5M unchanged; only earn-out structure modified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238151,"accession_number":"0001206774-24-000573","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Transcat Chief Legal and Corporate Development Officer resigns effective June 1","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James M. Jenkins resigned as Chief Legal and Corporate Development Officer, effective June 1, 2024.","Company granted a fully vested restricted stock award valued at $30,000 for transition assistance.","Award shares determined by May 21, 2024 closing price; no replacement officer announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238150,"accession_number":"0001206774-24-000358","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-04-15T23:59:59+00:00","items":["1.01","2.01","3.02","7.01","9.01"],"status":"ready","headline":"Transcat acquires Becnel Rental Tools for $50M in cash and stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $50M: $17.5M cash + $32.5M stock (301,707 shares).","Becnel provides rental tools for oil well decommissioning and maintenance.","Becnel's management, led by Jason Becnel, will remain in place.","Acquired EBITDA approximately $5.8M; expected to expand gross and EBITDA margins.","Shares subject to 180-day lock-up; registration rights agreement filed within 60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238147,"accession_number":"0001206774-24-000353","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K/A","filed_at":"2024-04-10T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Transcat appoints Mike West as COO; Mark Doheny steps down effective immediately","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Doheny steps down as COO effective immediately; will remain as consultant through October 2024.","Mike West, previously SVP of Operations, promoted to COO; has been with Transcat for 10 years.","CEO Lee Rudow thanks Doheny for repositioning strategies and building executive team.","West led service productivity initiatives, acquisition integrations, and growth of pipette and rental businesses."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238149,"accession_number":"0001206774-24-000350","cik":99302,"company_name":"TRANSCAT INC","ticker":"TRNS","form_type":"8-K","filed_at":"2024-04-09T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Transcat appoints Mike West as COO; Mark Doheny steps down, consulting through Oct 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mike West promoted to COO effective Apr 8, 2024; he was SVP of Operations since Apr 2023.","West receives $350k base salary, 40% target cash bonus, and RSU award of 2,000 shares vesting in 3 years.","Mark Doheny terminated as COO; he will consult for 6 months at $156k total fee.","CEO Lee Rudow praised West's role in rental business growth, acquisitions, and productivity initiatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":749561358.4408109,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}