Transcat reports operating income of $1.0 million from service segment revenue and margin growth for fiscal 2021 first quarter

Transcat reports operating income of $1.0 million from service segment revenue and margin growth for fiscal 2021 first quarter.q1 earnings per share $0.11.economic downturn from covid-19 pandemic impacted customer demand, especially for distribution segment in quarter.expect operating income to be in range of $2 million for q2 of fiscal 2021.
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