Transcat reports record Q4 revenue of $62.1M, up 11%; Service revenue up 14.7%

TRANSCAT INC

2023-FY EPS reported $1.40 revenue$230,569,000

Q4 Service revenue $39.8M (+14.7% YoY); organic growth 10.0%.
Consolidated gross margin 30.9% vs 29.8%; Service gross margin expanded 90 bps.
Adjusted EBITDA $9.0M (+17.6%); margin 14.5% vs 13.7%.
Diluted EPS $0.48; adjusted diluted EPS $0.60 vs $0.54.
Fiscal 2023 full-year record revenue, gross margins, and 16% adjusted EBITDA growth.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TRANSCAT INC reported financial results for fiscal fourth quarter and year ended March 25, 2023.

Period: fiscal fourth quarter and year ended March 25, 2023
Result: reported results

Exact text from the filing

On May 22, 2023, Transcat, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal fourth quarter and year ended March 25, 2023.

View on SEC.gov

Browse all earnings releases →

TRANSCAT INC filing history →

Source: SEC EDGAR

accession 0001437749-23-015471

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.