Transcat Reports Q2 Earnings Beat with $97.1 Million Revenue

Transcat (NASDAQ: TRNS) reported second-quarter financial results that exceeded market expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $0.64, surpassing estimates by $0.19, while revenue reached $97.1 million, representing an 18% increase year-over-year and beating projections by $4.64 million. As of late September 2026, the company maintained a solid liquidity position with $5.8 million in cash and cash equivalents. Additionally, Transcat reported having $33.1 million available for borrowing, subject to existing covenants, providing further financial flexibility.

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