Associated tags: FDA, Accreditation, Biotechnology, Calibration, Manufacturing, Engineering, Chemicals, Plastics, Aerospace, Hardware, Semiconductor, Health, Consumer Electronics, Electronic Design Automation, General Health, Webcast, Medical Devices
Locations: UNITED STATES, NORTH AMERICA, NEW YORK
Consumer Electronics,
Aerospace,
Technology,
Manufacturing,
Health,
General Health,
Semiconductor,
Engineering,
Hardware,
Electronic Design Automation,
Chemicals,
Plastics,
Samsung Galaxy Note (2011 smartphone),
Defense,
Tax,
Earnings per share,
GAAP,
Federal,
Sale,
Forecasting,
EBITDA,
Acquisition,
Webcast,
Depreciation,
Growth,
Adjustment,
Renting,
Bank Total debt of $48.4 million was down $0.8 million from fiscal 2023 year-end due to increased cash flow from operations.
Key Points:
- Total debt of $48.4 million was down $0.8 million from fiscal 2023 year-end due to increased cash flow from operations.
- The Company’s leverage ratio, as defined in the credit agreement, was 1.50 on June 24, 2023, compared with 1.60 on March 25, 2023.
- During this fiscal year, we expect organic Service revenue growth in the high-single digit to low double-digit range and gross margin expansion.
- Management will review the financial and operating results for the first quarter, as well as the Company’s strategy and outlook.
Technology,
Medical Devices,
Semiconductor,
Engineering,
Chemicals,
Plastics,
Aerospace,
Manufacturing,
Hardware,
Electronic Design Automation,
Health,
Webcast,
Calibration The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
Key Points:
- The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
- Webcast and accompanying slide presentation: https://www.transcat.com/investor-relations
A telephonic replay will be available from 2:00 p.m.
- ET on the day of the teleconference call until Tuesday, August 8, 2023.
- To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13740167 or access the webcast replay at https://www.transcat.com/investor-relations , where a transcript will be posted once available.
General Health,
Hardware,
Electronic Design Automation,
Consumer Electronics,
Medical Devices,
Technology,
Semiconductor,
Engineering,
Chemicals,
Plastics,
Aerospace,
Manufacturing,
Health,
Professional services,
NS3,
Acquisition,
Calibration Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held SteriQual, Inc. (SteriQual), effective July 12, 2023.
Key Points:
- Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held SteriQual, Inc. (SteriQual), effective July 12, 2023.
- The purchase price of $4.25 million was paid in Company stock and is subject to certain holdback provisions.
- Founded in 2017, SteriQual provides expert consulting services to pharmaceutical, biopharmaceutical, medical device, and diagnostic equipment manufacturers.
- “I am pleased to announce the acquisition of SteriQual.
Consumer Electronics,
Aerospace,
Technology,
Manufacturing,
Health,
General Health,
Semiconductor,
Engineering,
Hardware,
Electronic Design Automation,
Chemicals,
Plastics
The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
Key Points:
- The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
- Webcast and accompanying slide presentation: https://www.transcat.com/investor-relations
A telephonic replay will be available from 2:00 p.m.
- ET on the day of the teleconference call until Tuesday, May 30, 2023.
- To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13738813 or access the webcast replay at https://www.transcat.com/investor-relations , where a transcript will be posted once available.
Technology,
Engineering,
Chemicals,
Plastics,
Health,
Aerospace,
Manufacturing,
Other Science,
Medical Devices,
General Health,
Hardware,
Science,
Electronic Design Automation,
Semiconductor,
Consumer Electronics,
Acquisition,
Electronics,
Calibration,
Drug The purchase price of $9.7 million was paid in combination of 70% stock and 30% cash and is subject to certain customary holdback provisions.
Key Points:
- The purchase price of $9.7 million was paid in combination of 70% stock and 30% cash and is subject to certain customary holdback provisions.
- Founded in 1986, TIC-MS is an ISO/IEC 17025 accredited calibration laboratory with an extensive scope specializing in physical dimensional and electronics capabilities.
- TIC-MS services a diverse customer base with accredited calibrations performed at both the customer’s location and at their recently built calibration laboratory located in St. Louis, Missouri.
- This acquisition strengthens our presence in this marketplace, complementing nicely with the capabilities and customers served by our existing Transcat St. Louis Lab,” commented Lee Rudow, President and Chief Executive Officer.
Retrieved on:
Tuesday, February 28, 2023
Technology,
Medical Devices,
General Health,
Science,
FDA,
Biotechnology,
Health,
Semiconductor,
Engineering,
Chemicals,
Plastics,
Research,
Aerospace,
Manufacturing,
Hardware,
Electronic Design Automation,
Pharmaceutical,
Consumer Electronics,
PST,
The Ritz-Carlton Hotel Company,
Laguna Niguel, California,
Conference,
CMMS,
Calibration,
Cryptocurrency Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announce that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will be available for investor meetings at the Roth Conference on Monday, March 13 and Tuesday, March 14, 2023 at the Ritz Carlton, Laguna Niguel in Dana Point, California.
Key Points:
- Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announce that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will be available for investor meetings at the Roth Conference on Monday, March 13 and Tuesday, March 14, 2023 at the Ritz Carlton, Laguna Niguel in Dana Point, California.
- Transcat will host one-one-one meetings on Monday, March 13, 2023, from 8:00 a.m. to 4:00 p.m. PST and on Tuesday, March 14, 2023, from 8:00 am to 2:30 pm PST.
Engineering,
Chemicals,
Plastics,
Other Manufacturing,
Manufacturing,
Investment,
Acquisition,
EBITDA,
Earnings per share,
GAAP,
Webcast,
Sale,
Forecasting,
Adjustment,
Samsung Galaxy Note (2011 smartphone),
Growth,
Calibration,
Depreciation,
Federal,
Defense,
Tax,
Renting,
Bank Distribution segment gross margin was 26.2%, an increase of 370 basis points due to a favorable sales mix driven by strength in the Rentals business.
Key Points:
- Distribution segment gross margin was 26.2%, an increase of 370 basis points due to a favorable sales mix driven by strength in the Rentals business.
- Consolidated gross profit was $49.2 million, up $7.4 million, or 17.8%, and gross margin expanded to 29.2% or 120 basis points.
- As a result, consolidated operating income was $10.4 million compared with $9.6 million in last fiscal year’s period, an increase of 7.9%.
- In addition, in both the quarter and year ahead, we expect organic Service revenue growth to remain in the high-single digit range.
Retrieved on:
Wednesday, January 18, 2023
Consumer Electronics,
Aerospace,
Technology,
Manufacturing,
Health,
General Health,
Semiconductor,
Engineering,
Hardware,
Electronic Design Automation,
Chemicals,
Plastics,
Webcast,
Calibration The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
Key Points:
- The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
- Webcast and accompanying slide presentation: https://www.transcat.com/investor-relations
A telephonic replay will be available from 2:00 p.m.
- ET on the day of the teleconference call until Tuesday, February 7, 2023.
- To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13735773 or access the webcast replay at https://www.transcat.com/investor-relations , where a transcript will be posted once available.
Consumer Electronics,
Aerospace,
Technology,
Manufacturing,
Health,
General Health,
Semiconductor,
Engineering,
Hardware,
Electronic Design Automation,
Chemicals,
Plastics,
Company,
Sheraton New York Times Square Hotel,
Growth,
Compliance,
Biotechnology,
CMMS,
Industry,
FDA,
Conference,
Commerce, Services and Distribution Federation,
Nasdaq,
Calibration,
Accreditation,
Distribution,
Risk management Transcat will host one-one-one meetings from 8:00 a.m. to 4:40 p.m.
Key Points:
- Transcat will host one-one-one meetings from 8:00 a.m. to 4:40 p.m.
- Transcat, Inc. is a leading provider of accredited calibration, repair, inspection and laboratory instrument services.
- The breadth and depth of measurement parameters addressed by Transcats ISO/IEC 17025 scopes of accreditation are believed to be the best in the industry.
- The Company believes its combined Service and Distribution segment offerings, experience, technical expertise and integrity create a unique and compelling value proposition for its customers.
