---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-001877"
form_type: "8-K"
ticker: "TRNS"
cik: "0000099302"
company_name: "TRANSCAT INC"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:15:53.503611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transcat Q1 revenue $54.7M (+14.4%), service rev +23%; appoints new COO and CFO

## Summary
- Consolidated revenue $54.7M (+14.4% YoY); service revenue up 22.9% (organic +8.6%).
- GAAP diluted EPS $0.40; adjusted diluted EPS $0.54; adjusted EBITDA $7.3M (+19.6%).
- Service gross margin expanded to 32.0%; distribution gross margin up 140 bps to 25.0%.
- Record distribution backlog $9.0M (+17% from fiscal year end); demand healthy despite supply chain.
- Mark Doheny appointed COO; Tom Barbato named CFO (base $275k, 40% target incentive).

## SEC filing metadata
- accession: 0001206774-22-001877
- form_type: 8-K
- ticker: TRNS
- cik: 0000099302
- company_name: TRANSCAT INC
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/99302/000120677422001877/0001206774-22-001877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/99302/000120677422001877/transcat4090151-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-001877
- JSON: https://secwatch.observer/filing/0001206774-22-001877.json
- Plain text: https://secwatch.observer/filing/0001206774-22-001877.txt

## Key facts
- Executive change
  Thomas L. Barbato was appointed as Chief Financial Officer and Treasurer at TRANSCAT INC.
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: Additionally, as of the Effective Date, Thomas L. Barbato has been appointed as the Company’s Chief Financial Officer and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/99302/000120677422001877/0001206774-22-001877-index.htm
- Executive change
  Mark A. Doheny was appointed as Chief Operating Officer at TRANSCAT INC.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: Effective August 1, 2022 (the “Effective Date”), Mark A. Doheny has been appointed as the Company’s Chief Operating Officer, having formerly served as the Company’s Chief Financial Officer and Treasurer until such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/99302/000120677422001877/0001206774-22-001877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.