Transcat, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2021
February 03, 2021 at 07:00 am EST
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Transcat, Inc. provided earnings guidance for the fourth quarter of fiscal 2021. For the fourth quarter of fiscal 2021, the company expects solid Service revenue growth versus last year’s fourth quarter. The company expects consolidated operating income for the fourth quarter of fiscal 2021 to be similar to the fourth quarter of fiscal 2020.
Transcat, Inc. is a provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, computerized maintenance management system (CMMS), and pipette services. The Company is focused on providing services and products to regulated industries, particularly the life science industry, which includes pharmaceutical, biotechnology, medical device, and other FDA-regulated businesses, as well as aerospace and defense, and energy and utilities. Its Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its asset management system, CalTrak and its online customer portal, C3. Its Distribution segment sells and rents national and brand instruments to customers globally. It provides periodic on-site services, mobile calibration services, pickup and delivery, in-house services at its 27 calibration service centers.
TRANSCAT, INC. 
