secwatch.observer — SEC 8-K summary
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Issuer:     TRANSCAT INC (TRNS)
CIK:        0000099302
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001437749-23-015471
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/99302/000143774923015471/0001437749-23-015471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/99302/000143774923015471/trns20230314b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-015471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer