---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-029450"
form_type: "8-K"
ticker: "TRNS"
cik: "0000099302"
company_name: "TRANSCAT INC"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:28:44.965427+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transcat Q2 FY2024: service revenue up 17.5%, adjusted EPS $0.60 vs $0.44

## Summary
- Consolidated revenue $62.8M, up 11.3% YoY; gross margin expanded 230 bps to 32.0%.
- Service segment revenue $41.4M (+17.5%), organic growth 10% driven by life sciences demand.
- Adjusted EBITDA $9.33M (+23.9%), margin up 160 bps to 14.9%.
- Completed acquisitions of SteriQual and Axiom in Q2; public offering used to repay credit facility.
- Adjusted diluted EPS $0.60, up 36.4% from $0.44 in prior-year quarter.

## SEC filing metadata
- accession: 0001437749-23-029450
- form_type: 8-K
- ticker: TRNS
- cik: 0000099302
- company_name: TRANSCAT INC
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/99302/000143774923029450/0001437749-23-029450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/99302/000143774923029450/trns20230911_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-029450
- JSON: https://secwatch.observer/filing/0001437749-23-029450.json
- Plain text: https://secwatch.observer/filing/0001437749-23-029450.txt

## Key facts
- Earnings Releases
  TRANSCAT INC reported financial results for second quarter ended September 23, 2023.
  - Period: second quarter ended September 23, 2023
  - Result: reported results
  source text: On October 30, 2023, Transcat, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal year 2024 second quarter ended September 23, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/99302/000143774923029450/0001437749-23-029450-index.htm

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