TRANSCAT INC (TRNS) Stock News
NASDAQ:TRNS - Nasdaq - US8935291075 - Common Stock - Currency: USD
TRNS Latest News, Press Releases and Analysis
Why Transcat (TRNS) Stock Is Down Today
Shares of measurement equipment distributor Transcat (NASDAQ:TRNS) fell 23.7% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. The company noted that organic sales in the services segment were below historical trends, and customers closed some facilities while operating with reduced staffing levels, which limited the volume of incoming equipment during the December 2024 holiday period. Overall, this was a softer quarter.
Why Transcat (TRNS) Stock Is Down Today
Shares of measurement equipment distributor Transcat (NASDAQ:TRNS) fell 23.7% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. The company noted that organic sales in the services segment were below historical trends, and customers closed some facilities while operating with reduced staffing levels, which limited the volume of incoming equipment during the December 2024 holiday
Transcat (NASDAQ:TRNS) Misses Q4 Sales Targets
Measurement equipment distributor Transcat (NASDAQ:TRNS) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 2.4% year on year to $66.75 million. Its non-GAAP profit of $0.45 per share was 10% below analysts’ consensus estimates.
Transcat (NASDAQ:TRNS) Misses Q4 Sales Targets
Measurement equipment distributor Transcat (NASDAQ:TRNS) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 2.4% year on year to $66.75 million. Its non-GAAP profit of $0.45 per share was 10% below analysts’ consensus estimates.
Transcat Reports Third Quarter Results with Revenue Growth
Transcat (TRNS) Reports Q4: Everything You Need To Know Ahead Of Earnings
Measurement equipment distributor Transcat (NASDAQ:TRNS) will be reporting earnings tomorrow afternoon. Here’s what to look for.
Transcat Announces Third Quarter Fiscal Year 2025 Conference Call and Webcast
Transcat (TRNS): Buy, Sell, or Hold Post Q3 Earnings?
Over the last six months, Transcat’s shares have sunk to $106.44, producing a disappointing 10.4% loss - a stark contrast to the S&P 500’s 6.1% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Transcat Acquires Martin Calibration Inc.’s 7 Labs, Expanding Midwest Service Presence, Including Minneapolis
Transcat Reports Second Quarter Results with Growth in Revenue and Gross Profit
