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09.03.26 - 21:09
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Transcat Appoints Jaime Irick as President and Chief Executive Officer (Business Wire)
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Proven B2B Industrial and Technology Leader Brings Strong Track Record of Growth and Value CreationROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, today announced the appointment of Jaime Irick as President and Chief Executive Officer, effective March 29, 2026. The Board also appointed Mr. Irick to the Transcat Board of Directors as of March 29, 2026, where he will serve on the Executive Committee. As previously announced, Lee D. Rudow is retiring from his role as CEO and from the Board, and will be a senior advisor to the Company through March 2027.
“Jaime is a proven C-suite executive and public company board member with an established record of delivering results at multi-billion dollar industrial and technology enterprises. His strategic vision, growth focus and operational expertise make him ideally suited to lead Transcat,” said Gary Haseley, Chairman of the Board. “Jaime has extensive...
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03.02.26 - 22:06
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Transcat Reports Strong Fiscal Third Quarter 2026 Financial Results with a Return to High Single-Digit Service Organic Revenue Growth* (Business Wire)
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Q3'26 Revenue Increased 26% to $83.9 Million
Q3'26 Service Revenue Increased 29% to $53.7 Million
Q3'26 Distribution Revenue Grew 20% to $30.2 Million on Increased Demand for Rentals
Q3 '26 Gross Margin Expanded 60 Basis Points to 30.1%
Management Reaffirms Fiscal 2026 Service Revenue Expectations
Management to Host Conference Call Today at 4:30 p.m. Eastern Time
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, has reported its financial and operational results for its fiscal third quarter ended December 27, 2025 (the “third quarter”) of fiscal year 2026.
Management Commentary
"Transcat delivered strong performance across our entire business portfolio in the fiscal third quarter highlighted by 7% service organic revenue growth*,” commented Lee D. Rudow, President and CEO. “Distribution revenue grew 20% in the quarter with gross margin expansion of 330bps versus the prior year dri...
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20.01.26 - 14:51
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Transcat to Host Third Quarter Fiscal Year 2026 Conference Call and Webcast on Tuesday, February 3, 2026 at 4:30 p.m. Eastern Time (Business Wire)
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ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, announced that it will release its results for the third quarter fiscal year 2026 ended December 27, 2025 after the close of financial markets on Tuesday, February 3, 2026.
Transcat President and Chief Executive Officer Lee Rudow and Chief Financial Officer Thomas Barbato will host a conference call and webcast on Tuesday, February 3, 2026 at 4:30 p.m. ET to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.
Third Quarter Fiscal Year 2026 Conference Call
Tuesday, February 3, 2026
4:30 p.m. Eastern Time
Dial-in – Toll-Free US / Canada: 1-800-267-6316
Dial-in – Toll / International: 1-203-518-9783
Conference ID: TRANSCAT (THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY)
Webcast and accompanying slide presentation:
https://viavid.webcasts.com/starthere.js...
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08.01.26 - 14:06
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Transcat Announces Executive Equity Retention Awards Ahead of CEO Succession in FY2026 (Business Wire)
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Strategic Move to Ensure Leadership Stability During Transition to New Chief Executive OfficerROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, today announced the approval of one-time equity retention awards for certain executive officers. This decision, made by the Compensation Committee of the Board of Directors, is part of the company's strategy to maintain leadership stability in tandem with the previously announced retirement of Chief Executive Officer Lee D. Rudow.
The retention awards, made in conjunction with Mr. Rudow's plans to retire as CEO, aim to incentivize its executive team to remain focused on business operations and the successful completion of the CEO succession. Mr. Rudow will continue to serve in his current role until March 2026. Following the appointment of a new CEO, Mr. Rudow will transition to an advisory role through March 2027 to provide guidance and continuity for the...
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03.11.25 - 22:06
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Transcat Reports Strong Fiscal Second Quarter 2026 Financial Results with Double-Digit Revenue & Gross Profit Growth (Business Wire)
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Q2'26 Adjusted EBITDA* Increased 37% to $12.1 Million Driven by 21% Revenue Growth
Q2'26 Service Revenue Increased 20% to $52.8 Million
Q2'26 Distribution Revenue Grew 24% to $29.4 Million on Increased Demand for Rentals
Q2'26 Distribution Gross Margin Expanded 530 Basis Points to 33.2%
Management to Host Conference Call Today at 4:30 p.m. Eastern Time
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, has reported its financial and operational results for its fiscal second quarter ended September 27, 2025 (the “second quarter”) of fiscal year 2026.
Management Commentary
"Transcat had another strong quarter of revenue and Adjusted EBITDA* performance driven by double-digit service revenue growth and continued high demand in our rentals channel,” commented Lee D. Rudow, President and CEO. “Distribution revenue grew 24% in the quarter with gross margin expansion of 530bps versus the pr...
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21.10.25 - 14:36
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Transcat to Host Second Quarter Fiscal Year 2026 Conference Call and Webcast on Monday, November 3, 2025 at 4:30 p.m. Eastern Time (Business Wire)
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ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leader in test, measurement, control and calibration, announced that it will release its results for the second quarter fiscal year 2026 ended September 27, 2025 after the close of financial markets on Monday, November 3, 2025.
Transcat President and Chief Executive Officer Lee Rudow and Chief Financial Officer Thomas Barbato will host a conference call and webcast on Monday, November 3, 2025 at 4:30 p.m. ET to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.
Second Quarter Fiscal Year 2026 Conference Call
Monday, November 3, 2025
4:30 p.m. Eastern Time
Dial-in – Toll-Free US / Canada: 1-800-225-9448
Dial-in – Toll / International: 1-203-518-9708
Conference ID: TRANSCAT (THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY)
Webcast and accompanying slide presentation:
https://viavid.webcasts.com/starthere.j...
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25.08.25 - 22:06
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Transcat Announces CEO Succession Plan (Business Wire)
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Lee D. Rudow to Retire as CEO and Director in March 2026 and Remain Strategic Advisor to the Company Until 2027
Reiterates Positive Outlook for FY2026ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (NASDAQ: TRNS) (“Transcat” or the “Company”), a leader in test measurement, control and calibration, today announced that Chief Executive Officer Lee D. Rudow has informed the Board of his plans to retire as CEO. To ensure a smooth leadership transition, Rudow will continue to serve in his current role until March 2026 and following the appointment of a new CEO, Rudow will transition to an advisory role to provide guidance and continuity for the Company.
The Board has formed a Search Committee to identify and evaluate internal and external candidates for Transcat's next CEO, and the search is already underway.
“On behalf of everyone at Transcat, I want to extend our deep gratitude to Lee for his invaluable contributions throughout 14 years of service to the Company, including more than a decade as C...
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