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Transcat Inc  (TRNS)
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TRNS's Net Income Growth by Quarter and Year

Transcat Inc's Net Income results by quarter and year




TRNS Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter March - 3.66 3.05 3.21
III Quarter December 3.35 1.60 1.63 1.76
II Quarter September 0.46 2.36 3.02 2.02
I Quarter June 2.95 3.07 3.69 0.80
FY   6.76 10.69 11.39 7.79



TRNS Net Income third quarter 2024 Y/Y Growth Comment
Transcat Inc achieved in the third quarter 2024, above Company average Net Income surge of 109.25% year on year, to $ 3.35 millions.

Among companies who have reported third quarter 2024 results in the Electronic Instruments & Controls industry only one Company has achieved higher year on year Net Income results in the third quarter 2024. While Transcat Inc' s Net Income doubling of 109.25% ranks overall at the positon no. 91 in the third quarter 2024.




TRNS Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter March - 20 % -4.98 % 28.92 %
III Quarter December 109.25 % -1.84 % -7.39 % 18.92 %
II Quarter September -80.51 % -21.85 % 49.5 % -15.13 %
I Quarter June -3.91 % -16.8 % 361.25 % -53.49 %
FY   - -6.15 % 46.21 % -3.47 %

Financial Statements
Transcat Inc's third quarter 2024 Net Income $ 3.35 millions TRNS's Income Statement
Transcat Inc's third quarter 2023 Net Income $ 1.60 millions Quarterly TRNS's Income Statement
New: More TRNS's historic Net Income Growth >>


TRNS Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter March - 128.75 % 87.12 % 82.39 %
III Quarter December 627.83 % -32.2 % -46.03 % -12.87 %
II Quarter September -84.41 % -23.13 % -18.16 % 152.5 %
I Quarter June -19.4 % 0.66 % 14.95 % -67.87 %
FY (Year on Year)   - -6.15 % 46.21 % -3.47 %




Net Income third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry #2
Technology Sector #22
Overall #91

Net Income Y/Y Growth Statistics
High Average Low
71.85 % 12.79 % -31.78 %
(Sep 25 2021)   (June 30. 2015)
Net Income third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry #2
Technology Sector #22
Overall #91
Net Income Y/Y Growth Statistics
High Average Low
71.85 % 12.79 % -31.78 %
(Sep 25 2021)   (June 30. 2015)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Transcat Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
627.83 % 29.72 % -100 %
(Dec 23 2023)  


TRNS's III. Quarter Q/Q Net Income Comment
Transcat Inc achieved in the III. Quarter 2024 above company average sequential Net Income doubling of 627.83%, to $ 3.35 millions, from $0.46 millions in the second quarter.
Electronic Instruments & Controls company is impressively improving, not only claiming higher then average growth, and also improving speed.

Within Electronic Instruments & Controls industry Transcat Inc achieved highest sequential Net Income growth. While Transcat Inc's Net Income growth quarter on quarter, overall rank is 6.


Net Income Q/Q Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry #0
Technology Sector #1
Overall #6
Net Income Q/Q Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry #0
Technology Sector #1
Overall #6
Net Income Q/Q Growth Statistics
High Average Low
627.83 % 29.72 % -100 %
(Dec 23 2023)  


TRNS's III. Quarter Q/Q Net Income Comment
Transcat Inc achieved in the III. Quarter 2024 above company average sequential Net Income doubling of 627.83%, to $ 3.35 millions, from $0.46 millions in the second quarter.
TRNS is undergoing a remarkable growth, with reporting above regular gain, and also increasing pace, Benjamin  N. Thompson, Technology sector researcher mentioned.

Within Electronic Instruments & Controls industry Transcat Inc achieved highest sequential Net Income growth. While Transcat Inc's Net Income growth quarter on quarter, overall rank is 6.


Transcat Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 23 2023)
12 Months Ending
(Sep 23 2023)
12 Months Ending
(Jun 24 2023)
12 Months Ending
(Mar 25 2023)
12 Months Ending
(Dec 24 2022)
Cumulative Net Income 12 Months Ending $ 10.42 $ 8.67 $ 10.57 $ 10.69 $ 10.08
Y / Y Net Income Growth (TTM) 3.34 % -14.23 % -1.85 % -6.08 % -12.67 %
Year on Year Net Income Growth Overall Ranking # 110 # 911 # 754 # 484 # 402
Seqeuential Net Income Change (TTM) 20.15 % -17.96 % -1.15 % 6.05 % -0.28 %
Seq. Net Income Growth (TTM) Overall Ranking # 91 # 814 # 845 # 1096 # 906




Cumulative Net Income growth Comment
Although Transcat Inc's Annual Net Income growth year on year were below company's average 12.79% , Net Income announced in the Dec 23 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 3.34% year on year, from -14.23% in Sep 23 2023. Transcat Inc had also the second highest Net Income improvement in Electronic Instruments & Controls industry.

Within the Technology sector 22 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 110, from total ranking in previous quarter at 911.

Net Income TTM Q/Q Growth Statistics
High Average Low
71.85 %
12.79 %
-31.78 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 2
Technology Sector # 23
Overall # 110

Net Income TTM Y/Y Growth Statistics
High Average Low
71.85 %
12.79 %
-31.78 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 22
S&P 500 # 91
Cumulative Net Income growth Comment
Although Transcat Inc's Annual Net Income growth year on year were below company's average 12.79% , Net Income announced in the Dec 23 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 3.34% year on year, from -14.23% in Sep 23 2023. Transcat Inc had also the second highest Net Income improvement in Electronic Instruments & Controls industry.

Within the Technology sector 22 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 110, from total ranking in previous quarter at 911.

Net Income TTM Q/Q Growth Statistics
High Average Low
71.85 %
12.79 %
-31.78 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 2
Technology Sector # 23
Overall # 110

Net Income TTM Y/Y Growth Statistics
High Average Low
71.85 %
12.79 %
-31.78 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 22
S&P 500 # 91




Other Net Income Growth
Electronic Instruments & Controls Industry Net Income Growth Trends and Statistics
Technology Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
TRNS's Net Income Growth Ratio versus Electronic Instruments & Controls Industry, Technology Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for TRNS's Competitors
Net Income Growth for Transcat Inc's Suppliers
Net Income Growth for TRNS's Customers

You may also want to know
TRNS's Annual Growth Rates TRNS's Profitability Ratios TRNS's Asset Turnover Ratio TRNS's Dividend Growth
TRNS's Roe TRNS's Valuation Ratios TRNS's Financial Strength Ratios TRNS's Dividend Payout Ratio
TRNS's Roa TRNS's Inventory Turnover Ratio TRNS's Growth Rates TRNS's Dividend Comparisons



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