secwatch.observer — SEC 8-K summary
======================================

Issuer:     TRANSCAT INC (TRNS)
CIK:        0000099302
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001437749-24-017757
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Transcat Q4 revenue up 14% to $70.9M, EPS $0.77; Service organic growth 13%
---------------------------------------------------------------------------

- Q4 revenue $70.9M (+14% YoY); Service revenue $46.7M (+18%), Distribution $24.2M (+8%).
- Q4 diluted EPS $0.77 (vs $0.48); adjusted diluted EPS $0.66 (vs $0.60).
- Service gross margin expanded 170 bps; Distribution gross margin +510 bps to 30.3% on rental strength.
- Adjusted EBITDA $11.7M (+30%); margin 16.5% (+200 bps).
- Fiscal 2024 operating cash flow $32.6M, up 92% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/99302/000143774924017757/0001437749-24-017757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/99302/000143774924017757/trns20240220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017757

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