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Transcat(TRNS) - 2024 Q4 - Earnings Call Transcript
2024-05-22 03:35
财务数据和关键指标变化 - 2024财年全年收入为2.595亿美元,同比增长13% [24] - 2024财年全年服务业务收入增长17%,其中有11%为有机增长 [14] - 2024财年全年分销业务收入增长5% [24] - 2024财年全年综合毛利率提升270个基点至32.3% [15] - 2024财年全年服务业务毛利率提升160个基点至33.8% [16] - 2024财年全年分销业务毛利率提升420个基点至29.5% [27] - 2024财年全年调整后EBITDA增长27%至3860万美元 [15][32] 各条业务线数据和关键指标变化 - 2024财年第四季度服务业务收入增长18%,其中有13%为有机增长 [22] - 2024财年第四季度服务业务毛利率提升170个基点至35.7% [17] - 2024财年第四季度分销业务收入增长8%,毛利率提升510个基点 [18][26] 各个市场数据和关键指标变化 - 公司进一步拓展了可服务的高度监管市场,如环境监管市场 [40] 公司战略和发展方向及行业竞争 - 公司将继续通过有机增长和并购来扩大服务能力,预计未来有机服务收入增长将保持在高单位数到低双位数 [38] - 公司将继续发展高毛利的租赁业务 [38] - 公司将继续通过自动化和流程改进来提升服务业务的可持续性利润率 [38] - 公司将继续通过并购来拓展战略性的新市场和服务能力 [39] - 公司推出"TS3"单一服务解决方案,整合校准服务和资产管理服务,为客户提供更全面的服务 [41][42] 管理层对经营环境和未来前景的评论 - 公司在高度监管的目标市场保持强大的市场地位,并将继续提升为客户创造的价值 [37] - 公司看好未来的发展前景,预计将继续为股东创造可持续的长期价值 [43] 问答环节重要的提问和回答 问题1 **Danny Eggerichs 提问** 询问服务业务毛利率提升的内部推动因素 [46] **Lee Rudow 回答** 公司正在持续推进自动化和流程改进,预计未来还有进一步提升空间,同时也在培养运营管理人才 [48][49][50] 问题2 **Scott Buck 提问** 询问分销业务中租赁收入占比 [57] **Tom Barbato 回答** 收购Becnel后,租赁收入占分销业务的35% [57] 问题3 **Ted Jackson 提问** 询问公司是否会利用股权优势来进行更大规模的并购 [58] **Lee Rudow 回答** 公司会根据具体情况来评估并购方式,股权融资是一个可选择的工具 [59][60]
Why Transcat Stock Is Up Big Today
fool.com· 2024-05-22 00:00
The testing equipment company exceeded expectations and sees further growth up ahead Testing and calibration equipment company Transcat (TRNS 10.41%) easily beat quarterly expectations and forecast continued strength into its new fiscal year. Investors are taking notice, sending Transcat shares up as much as 13% at the open and up 8% as of 10:45 a.m. ET. Strong earnings and margin growth Transcat provides calibration and testing services primarily to the life sciences industry, as well as to the aerospace, ...
Transcat(TRNS) - 2024 Q4 - Annual Results
2024-05-21 21:00
Exhibit 99.1 NEWS RELEASE Transcat, Inc. 35 Vantage Point Drive • Rochester • NY • 14624 • Phone: (585) 352-7777 IMMEDIATE RELEASE Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024 ● Fourth Quarter Service gross margin expanded 170 basis points driven by 13% Service organic growth ● Fourth Quarter Distribution gross margin expands 510 basis points to 30.3% on strength of Rentals ● Fourth Quarter Cons ...
Transcat (TRNS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com· 2024-05-21 07:01
Transcat, Inc. (TRNS) reported $70.91 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.3%. EPS of $0.77 for the same period compares to $0.48 a year ago. The reported revenue represents a surprise of +3.14% over the Zacks Consensus Estimate of $68.76 million. With the consensus EPS estimate being $0.52, the EPS surprise was +48.08%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...
Transcat, Inc. (TRNS) Q4 Earnings and Revenues Surpass Estimates
zacks.com· 2024-05-21 06:31
Transcat, Inc. (TRNS) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 48.08%. A quarter ago, it was expected that this company would post earnings of $0.35 per share when it actually produced earnings of $0.38, delivering a surprise of 8.57%. Over the last four quarters, the company ...
Transcat(TRNS) - 2024 Q3 - Quarterly Report
2024-02-01 06:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-Q (Mark one) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: December 23, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 000-03905 TRANSCAT, INC. (Exact name of registrant as specified in its charter) Ohio 16-08744 ...
Transcat(TRNS) - 2024 Q3 - Earnings Call Transcript
2024-01-31 04:08
Transcat, Inc. (NASDAQ:TRNS) Q3 2024 Earnings Conference Call January 30, 2024 11:00 AM ET Company Participants Thomas Barbato - CFO Lee Rudow - President & CEO Mark Doheny - COO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Scott Buck - H.C. Wainwright Martin Yang - Oppenheimer Operator Greetings, and welcome to Transcat, Inc., Third Quarter Fiscal Year 2024 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the forma ...
Transcat(TRNS) - 2024 Q3 - Earnings Call Presentation
2024-01-31 04:07
Q3 Financial Results Fiscal 2024 Lee D. Rudow President and CEO Mark A. Doheny Chief Operating Officer Tom L. Barbato Chief Financial Officer 1 Safe Harbor Statement This presentation contains forward-looking statements within th ...
Transcat(TRNS) - 2024 Q2 - Quarterly Report
2023-11-02 04:12
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-Q (Mark one) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: September 23, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 000-03905 TRANSCAT, INC. (Exact name of registrant as specified in its charter) Ohio 16-0874 ...
Transcat(TRNS) - 2024 Q2 - Earnings Call Transcript
2023-11-01 02:38
Transcat, Inc. (NASDAQ:TRNS) Q2 2024 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Thomas Barbato - Chief Financial Officer Lee Rudow - President and Chief Executive Officer Conference Call Participants Greg Palm - Craig-Hallum Capital Group Ted Jackson - Northland Securities Martin Yang - Oppenheimer Operator Greetings welcome to Transcat Inc's Second Quarter Fiscal 2024 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session w ...