{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-002085","form_type":"8-K","ticker":"TRNS","cik":"0000099302","company_name":"TRANSCAT INC","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.701824+00:00","generated_at":"2026-06-20T06:18:20.772160+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Transcat Q3 service revenue up 19%, adjusted EBITDA +20.5% to $6.6M","bullets":["Service revenue $35.98M (+19% YoY), organic growth 12%; distribution revenue $21.43M (+3.7%).","Consolidated gross margin 28.6%, up 180 bps; adjusted EBITDA margin 11.5%, up 80 bps.","Diluted EPS $0.21; adjusted diluted EPS $0.35 vs $0.36 prior year.","Distribution gross margin 26.2% (+370 bps) driven by rental demand; backlog $9.5M (+7%).","Acquired e2b Calibration in Cleveland during Q3; NEXA asset management driving double-digit organic growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-002085","json":"https://secwatch.observer/filing/0001437749-23-002085.json","markdown":"https://secwatch.observer/filing/0001437749-23-002085.md","text":"https://secwatch.observer/filing/0001437749-23-002085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/99302/000143774923002085/0001437749-23-002085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/99302/000143774923002085/trns20221220c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T06:18:20.772160+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13dd8b240c472aa59296899d7f42ec7276769d4b","claim":"TRANSCAT INC reported the fiscal year 2023 third quarter ended December 24, 2022 results: revenue $ 57,402, net income $ 1,601, EPS $ 0.21.","evidence_excerpt":"Third Quarter Fiscal 2023 Review (Results are compared with the third quarter of the fiscal year ended March 26, 2022 ( “ fiscal 2022 ” )) ($ in thousands) Change FY23 Q3 FY22 Q3 $'s % Service Revenue $ 35,977 $ 30,237 $ 5,740 19.0 % Distribution Sales 21,425 20,665 760 3.7 % Revenue $ 57,402 $ 50,902 $ 6,500 12.8 % Gross Profit $ 16,400 $ 13,636 $ 2,764 20.3 % Gross Margin 28.6 % 26.8 % Operating Income $ 3,163 $ 2,361 $ 802 34.0 % Operating Margin 5.5 % 4.6 % Net Income $ 1,601 $ 1,629 $ (28 ) (1.7 )% Net Margin 2.8 % 3.2 % Adjusted EBITDA* $ 6,585 $ 5,466 $ 1,119 20.5 % Adjusted EBITDA* Margin 11.5 % 10.7 % Diluted EPS $ 0.21 $ 0.21 $ - 0.0 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/99302/000143774923002085/0001437749-23-002085-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year 2023 third quarter ended December 24, 2022"},{"label":"Revenue","value":"$ 57,402"},{"label":"Net income","value":"$ 1,601"},{"label":"EPS","value":"$ 0.21"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}