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TRNS Transcat News Story

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Brief: Transcat Reports Q3 EBITDA Increase Of 20% On 19% Service Revenue Growth And Strong Gross Margin Expansion

Jan 30 (Reuters) - Transcat Inc  TRNS.O :
    * TRANSCAT REPORTS THIRD QUARTER EBITDA INCREASE OF 20% ON
19%
SERVICE REVENUE GROWTH AND STRONG GROSS MARGIN EXPANSION
    * QTRLY DILUTED EPS $0.21
    * QTRLY ADJUSTED DILUTED EPS* $0.35
    * QTRLY CONSOLIDATED REVENUE WAS $57.4 MILLION, AN INCREASE
OF
12.8%
    * IN BOTH QUARTER AND YEAR AHEAD, EXPECT ORGANIC SERVICE
REVENUE
GROWTH TO REMAIN IN HIGH-SINGLE DIGIT RANGE
    * Q3 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $56.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw3FFp6Pa 
Further company coverage:  TRNS.O 
 ((Reuters.Briefs@thomsonreuters.com;))

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