Earnings summaries and quarterly performance for TRANSCAT.
Executive leadership at TRANSCAT.
Lee Rudow
President and Chief Executive Officer
Kristina Johnston
Principal Accounting Officer
Michael Haddad
Chief Information Officer
Michael West
Chief Operating Officer
Theresa Conroy
Senior Vice President, Human Resources
Thomas Barbato
Chief Financial Officer and Treasurer
Board of directors at TRANSCAT.
Research analysts who have asked questions during TRANSCAT earnings calls.
Edward Jackson
Northland Securities, Inc.
10 questions for TRNS
Greg Palm
Craig-Hallum Capital Group LLC
10 questions for TRNS
Martin Yang
Oppenheimer & Co. Inc.
9 questions for TRNS
Scott Buck
H.C. Wainwright
9 questions for TRNS
Maxwell Michaelis
Lake Street Capital Markets
7 questions for TRNS
Recent press releases and 8-K filings for TRNS.
- For Q2 Fiscal Year 2026, Transcat's consolidated revenue increased 21% to $82.3 million, driven by 20% growth in service revenue and 24% growth in distribution revenue.
- Consolidated gross profit grew 26% to $26.8 million, with gross margins expanding 120 basis points, while adjusted EBITDA increased 37% to $12.1 million, with 160 basis points of margin expansion.
- Net income for the quarter was $1.3 million, or $0.14 diluted earnings per share, impacted by higher interest expense, an increased tax rate, and one-time CEO succession plan expenses; adjusted diluted earnings per share was $0.44.
- The company anticipates a return to high single-digit organic service growth and margin expansion in the second half of fiscal 2026.
- Transcat, Inc. reported strong fiscal second quarter 2026 financial results for the quarter ended September 27, 2025, with total revenue increasing 21.3% to $82.3 million and Adjusted EBITDA growing 37% to $12.1 million.
- This growth was driven by Service revenue increasing 19.9% to $52.8 million and Distribution revenue growing 24% to $29.4 million.
- Diluted Earnings Per Share (EPS) was $0.14, and Adjusted Diluted EPS was $0.44.
- Total debt increased to $111.9 million as of September 27, 2025, primarily due to the Essco Calibration acquisition, and the company announced a new 5-Year $150 million syndicated secured credit facility on July 29, 2025.
- Transcat, Inc. announced that CEO Lee D. Rudow plans to retire.
- Rudow will continue in his current role until March 2026 and then transition to an advisory role until 2027 to ensure a smooth leadership transition.
- The Board has formed a Search Committee and is actively searching for a new CEO.
- The company reiterates a positive outlook for FY2026 and expects to return to high single-digit Service organic revenue growth in the second half of fiscal 2026.
Quarterly earnings call transcripts for TRANSCAT.
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