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.

Third Quarter Backlog Increases 33% to $35.2 Million WESTMINSTER, MA / ACCESSWIRE / February 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 Fiscal 2022 third quarter ended December 31, 2021. "This was a strong quarter for sales orders as our backlog increased to $35.2 million at December 31, 2021, up significantly from $26.4 million at September 30, 2021," stated Alexander Shen, TechPrecision's Chief Executive Officer.

TechPrecision Corporation Reports Third Quarter Fiscal 2022 Financial Results

WESTMINSTER, MA / ACCESSWIRE / February 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 2022 fiscal third quarter on Thursday, February 17, 2022. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2022 Third Quarter Financial Results

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The market dropped precipitously in January 2022, with the Russell 2000 down by nearly 10%. Like many sudden market “corrections,” this one “threw out the baby with the bath water,” meaning virtually all stocks were hammered regardless of their underlying fundamentals.

January Correction Leads To Attractive Opportunities

TechPrecision Corporation (TPCS) CEO Alex Shen on Q2 2022 Results - Earnings Call Transcript

Second quarter focused on acquisition and integration of STADCO WESTMINSTER, MA / ACCESSWIRE / December 7, 2021 / 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 Fiscal 2022 second quarter ended September 30, 2021. Second quarter net sales were $4.8 million or 2% higher when compared to $4.7 million in the same quarter a year ago.

TechPrecision Corporation Reports Second Quarter Fiscal 2022 Financial Results

WESTMINSTER, MA / ACCESSWIRE / November 18, 2021 / 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 has rescheduled its fiscal 2022 second quarter earnings release and conference call, previously scheduled for Monday, November 22, 2021, to Tuesday, December 7, 2021 after market close. The company is rescheduling its reporting and conference call as a result of the additional time required to finalize the company's financial statements following its recent acquisition of Stadco.

TechPrecision Corporation Reschedules Fiscal 2022 Second Quarter Earnings Release and Conference Call

WESTMINSTER, MA / ACCESSWIRE / November 12, 2021 / 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 2022 fiscal second quarter on Monday, November 22, 2021. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2022 Second Quarter Financial Results

Event scheduled for 4 p.m. ET on Wednesday, September 29 WESTMINSTER, MA / ACCESSWIRE / September 20, 2021 / 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, will conduct a conference call at 4 p.m.

TechPrecision Schedules Conference Call and Webcast to Discuss STADCO Acquisition

Raises $3.2 Million in Capital; Executed Amended and Restated Credit Facility WESTMINSTER, MA / ACCESSWIRE / August 26, 2021 / 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 that it completed its acquisition of Stadco, located in Los Angeles, a key supplier of large flight-critical components for several high-profile commercial and military programs, including military helicopters, and closed on a private placement financing and new loans from its current bank, Berkshire Bank, the proceeds of which were used to settle Stadco's debt and acquire the outstanding shares of Stadco. The purchase of Stadco is based on the Company's opinion that it is a prime turnaround prospect.

TechPrecision Announces Closing of Strategic Acquisition

TechPrecision Corporation (TPCS) CEO Alex Shen on Q1 2022 Results - Earnings Call Transcript

Improved throughput boosts gross profit and gross margin WESTMINSTER, MA / ACCESSWIRE / August 12, 2021 / 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 Fiscal 2022 first quarter ended June 30, 2021. First quarter net sales were $3.4 million or 4% higher when compared to $3.3 million in the same quarter a year ago.

TechPrecision Corporation Reports First Quarter Fiscal 2022 Financial Results

WESTMINSTER, MA / ACCESSWIRE / July 30, 2021 / 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 2022 fiscal first quarter on Thursday, August 12, 2021. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2022 First Quarter Financial Results

Significant improvement in gross profit, operating income and net income WESTMINSTER, MA / ACCESSWIRE / June 10, 2021 / 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 fourth quarter and full year ended March 31, 2021. Full year net sales were $15.6 million or 3% lower when compared to $16.0 million last year.

TechPrecision Corporation Reports Full Year Fiscal 2021 Financial Results

WESTMINSTER, MA / ACCESSWIRE / June 1, 2021 / 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 2021 fiscal fourth quarter and year end on Thursday, June 10, 2021. The Company will hold a conference call at 4:30 p.m.

TechPrecision Corporation Schedules Conference Call to Report Fiscal 2021 Fourth Quarter and Year End Financial Results

TechPrecision Corporation (TPCS) CEO Alex Shen on Q3 2021 Results - Earnings Call Transcript

TechPrecision Corporation (TPCS) CEO Alex Shen on Q2 2021 Results - Earnings Call Transcript

TPCS shares have been hammered because of a few rough quarters, exacerbated by COVID-19 delays. TPCS has likely turned a corner after learning to make new submarine parts, the primary cause of the rough quarters, which could serve as a tailwind for increased future revenue.

TechPrecision Will Right The Ship

TechPrecision Corporation (TPCS) CEO Alex Shen on Q1 2021 Results - Earnings Call Transcript

TechPrecision Corporation (TPCS) CEO Alex Shen on Q4 2020 Results - Earnings Call Transcript

TechPrecision Corp (TPCS) CEO Alexander Shen on Q4 2019 Results - Earnings Call Transcript

TechPrecision: Translating The Sanskrit

TechPrecision Corporation (TPCS) CEO Alex Shen on Q2 2020 Results - Earnings Call Transcript

TechPrecision Corp. (TPCS) has begun tapping into profitability, and the recent success of its business operations has helped the stock gain 59% so far this year.

TechPrecision: A Growth Company Trading at the Wrong Price

TechPrecision's (TPCS) CEO Alex Shen on Q1 2020 Results - Earnings Call Transcript

TechPrecision has risen sharply, but still has room to run.

News for TechPrecision Corp Stock (TPCS)