TechPrecision Corp

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

TechPrecision Corp reports mixed Q1 results, focuses on operational improvements

TechPrecision Corp faced challenges in Q1 2025, particularly with Stadco's performance, leading to operating and net losses.
Despite these setbacks, the company's diversified portfolio and revenue growth showcase resilience and potential for improvement.
Addressing operational issues, improving cost efficiencies, and enhancing transparency post-proxy contest are key focus areas for future growth.

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Techprecision Corp. engages in the business of metal fabrication and precision machining. It focuses on the manufacture of precision, large-scale fabricated and machined metal components and systems. The company was founded by Andrew A. Levy in February 2005 and is headquartered in Westminster, MA.

VOTAW IS A LEADING SUPPLIER OF HIGHLY ENGINEERED SPACE, DEFENSE AND AEROSPACE HARDWARE AND MISSION CRITICAL COMPONENTS Expected to More Than Double Revenue and EBITDA(1) Anticipated to Strengthen and Increase Strategic Capabilities in the Defense and Aerospace Industries Will Add Tactical Capacity for Growth WESTMINSTER, MA / ACCESSWIRE / November 29, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company") today announced that it has entered into a definitive agreement (the "SPA") to purchase all of the outstanding shares of Votaw Precision Technologies, Inc. ("Votaw"). Located in Santa Fe Springs, CA, Votaw is a privately-held operating company of Doerfer Corporation ("Seller").

Techprecision Signs Definitive Agreement to Acquire Votaw Precision Technologies

TechPrecision Corporation (NASDAQ:TPCS ) Q2 2024 Earnings Conference Call November 20, 2023 4:30 PM ET Company Participants Brett Maas - Managing Director, Hayden IR Alex Shen - Chief Executive Officer Bobby Lilley - Chief Financial Officer Conference Call Participants Mark Gomes - Pipeline Data Rob Straus - Winfield Capital Kris Tuttle - Caterpillar Investments Greg Schlatter - Private Investor Ross Taylor - ARS Investment Partners. Richard Greulich - REG Capital Advisors Operator Greetings, and welcome to the TechPrecision Corporation Second Quarter Fiscal 2024 Earnings Call.

TechPrecision Corporation (TPCS) Q2 2024 Earnings Call Transcript

Backlog at $45 million, Customer confidence remains high WESTMINISTER, MA / ACCESSWIRE / November 20, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the second quarter of fiscal year 2024. "Customer confidence remains high, driving a strong backlog of $44.6 million as of September 30, 2023," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports Second Quarter 2024 Financial Results

WESTMINSTER, MA / ACCESSWIRE / November 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal second quarter on Monday, November 20, 2023. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2024 Second Quarter Financial Results

TechPrecision Corporation (NASDAQ:TPCS ) Q1 2024 Earnings Conference Call August 21, 2023 4:30 PM ET Company Participants Brett Maas - Hayden IR Alexander Shen - Chief Executive Officer Barbara Lilley - Chief Financial Officer Conference Call Participants Rob Straus - Private Investor Ross Taylor - ARS Investment Partners Kris Tuttle - Blue Caterpillar Investments Operator Greetings. Welcome to the TechPrecision Corporation Fiscal 2024 First Quarter Financial Results Conference Call.

TechPrecision Corporation (TPCS) Q1 2024 Earnings Call Transcript

High customer confidence drives strong backlog WESTMINSTER, MA / ACCESSWIRE / August 21, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the first quarter of fiscal year 2024. "Customer confidence remains high, driving a strong backlog increase.

TechPrecision Corporation Reports First Quarter 2024 Financial Results

WESTMINSTER, MA / ACCESSWIRE / August 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal first quarter on Monday, August 21, 2023. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2024 First Quarter Financial Results

TechPrecision Corporation (NASDAQ:TPCS ) Q4 2023 Earnings Conference Call June 15, 2023 4:30 PM ET Company Participants Brett Maas - Hayden IR Alexander Shen - CEO, President & Director Thomas Sammons - CFO Conference Call Participants Kris Tuttle - Blue Caterpillar LLC Mark Gomes - Pipeline Data, LLC Ross Taylor - ARS Investment Partners Richard Greulich - REG Capital Advisors Operator Greetings. Welcome to the TechPrecision Corporation Fourth Quarter Fiscal 2023 Financial Results Conference Call.

TechPrecision Corporation (TPCS) Q4 2023 Earnings Call Transcript

Ranor and Stadco segments drive revenue growth WESTMINSTER, MA / ACCESSWIRE / June 15, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the fourth quarter and fiscal year 2023 ended March 31, 2023. "Fiscal year 2023 consolidated net sales were $31.4 million, or $9.1 million and 41% higher when compared to $22.3 million in fiscal 2022," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports Fourth Quarter and Fiscal Year 2023 Financial Results

WESTMINSTER, MA / ACCESSWIRE / June 12, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal fourth quarter and year end on Thursday, June 15, 2023. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2023 Fourth Quarter and Year End Financial Results

WESTMINSTER, MA / ACCESSWIRE / May 31, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced that Thomas Sammons, Chief Financial Officer, has notified the Company that he will retire effective on or about July 14, 2023. Mr. Sammons joined the Company in March 2015 as Vice President, Finance, of the Company's wholly owned subsidiary, Ranor, Inc., and was appointed Chief Financial Officer of the Company effective on October 23, 2015.

TechPrecision Corporation Announces CFO Retirement and Appointment of Successor

WESTMINSTER, MA / ACCESSWIRE / May 4, 2023 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced that its shares of common stock have been approved for listing on The Nasdaq Capital Market ("Nasdaq"). Trading on the exchange will commence effective with the open of business on Friday, May 5, 2023, under TechPrecision's current ticker symbol, "TPCS.

TechPrecision Announces Uplisting to The Nasdaq Capital Market

WESTMINSTER, MA / ACCESSWIRE / February 23, 2023 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced that it will effect a 1-for-4 reverse split of its common stock, which will be effective for trading purposes on the OTCQB Market as of the commencement of trading on February 24, 2023. The reverse stock split was approved by the Company's stockholders on September 14, 2022 at the Company's regular annual meeting of stockholders, with authorization to determine the final ratio having been granted to the Company's Board of Directors.

TechPrecision Corporation Announces Reverse Stock Split

TechPrecision Corp (OTCQB:TPCS) Q3 2023 Earnings Conference Call February 14, 2023 4:30 PM ET Company Participants Brett Maas - Hayden IR Alexander Shen - CEO, President & Director Thomas Sammons - CFO Conference Call Participants Ross Taylor - ARS Investment Operator Good day, everyone, and welcome to the TechPrecision Corporation Third Quarter Fiscal 2023 Financial Results. [Operator Instructions].

TechPrecision Corp (TPCS) Q3 2023 Earnings Call Transcript

Improving operating performance drives revenue growth and gross profit WESTMINSTER, MA / ACCESSWIRE / February 14, 2023 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the third quarter of fiscal year 2023 ended December 31, 2022. "Third quarter consolidated net sales were $8.3 million or 28% higher when compared to $6.5 million in same quarter a year ago," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports Third Quarter Fiscal 2023 Financial Results

WESTMINSTER, MA / ACCESSWIRE / February 9, 2023 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal third quarter on Tuesday, February 14, 2023. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2023 Third Quarter Financial Results

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TPCS has grown its sales by almost 80% in the last quarter compared to the year prior, outpacing costs. Coupled with improvements in Opex as a % of sales, EBITDA margin for the quarter improved to above 12% from below 6% the year prior.

TechPrecision Corporation: Improving Financials, But Remains Overvalued

TechPrecision Corporation (OTCQB:TPCS) Q2 2023 Earnings Conference Call November 17, 2022 4:30 PM ET Company Participants Brett Maas - Hayden Investor Relations Alexander Shen - Chief Executive Officer Thomas Sammons - Chief Financial Officer Conference Call Participants Ross Taylor - ARS Investment Partners Richard Greulich - REG Capital Advisors Operator Good afternoon, ladies and gentlemen, and welcome to the TechPrecision Corporation Fiscal 2023 Second Quarter Financial Results Conference Call. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

TechPrecision Corporation (TPCS) Q2 2023 Earnings Call Transcript

Net Sales increase 78% year-over-year to $8.5 million WESTMINISTER, MA / ACCESSWIRE / November 17, 2022 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the second quarter of fiscal year 2023 ended September 30, 2022. "Second quarter consolidated net sales were $8.5 million or 78% higher when compared to $4.8 million in same quarter a year ago," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports Second Quarter Fiscal 2023 Financial Results

WESTMINSTER, MA / ACCESSWIRE / November 10, 2022 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal second quarter on Thursday, November 17, 2022. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2023 Second Quarter Financial Results

TechPrecision Corporation (OTCQB:TPCS) Q1 2023 Earnings Conference Call August 22, 2022 4:30 PM ET Company Participants Brett Maas - Hayden Investor Relations Alex Shen - President & Chief Executive Officer Tom Sammons - Chief Financial Officer Conference Call Participants Ross Taylor - ARS Investment Partners Operator Good day, ladies and gentlemen, and welcome to the TechPrecision Corporation Fiscal 2023 First Quarter Financial Results Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be opened for questions and comments after the presentation.

TechPrecision Corporation (TPCS) CEO Alex Shen on Q1 2023 Results - Earnings Call Transcript

Net Sales double year-over-year to $7.1 million WESTMINSTER, MA / ACCESSWIRE / August 22, 2022 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the first quarter of fiscal year 2023 or the three months ended June 30, 2022. "First quarter consolidated net sales were $7.1 million or 107% higher when compared to $3.4 million in same quarter a year ago," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports First Quarter Fiscal 2023 Financial Results

WESTMINSTER, MA / ACCESSWIRE / August 15, 2022 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or the "Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal first quarter on Monday, August 22, 2022. We are in the process of finalizing our results for our first quarter of fiscal year 2023 ended June 30, 2022.

TechPrecision Corporation Provides Preliminary First Quarter Fiscal 2023 Results

Call Start: 16:30 January 1, 0000 5:01 PM ET TechPrecision Corporation (OTCQB:TPCS) Q4 2022 Earnings Conference Call July 13, 2022 16:30 ET Company Participants Brett Maas - Hayden Investor Relations Alex Shen - President & Chief Executive Officer Tom Sammons - Chief Financial Officer Conference Call Participants Ross Taylor - ARS Investment Partners Mark Gomes - Pipeline Richard Greulich - REG Capital Advisors Operator Greetings ladies and gentlemen and welcome to the TechPrecision Corporation Fiscal 2022 Fourth Quarter Financial Results Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Brett Maas.

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