Techprecision Corp Stock Price, News & Analysis

TechPrecision Corporation (NASDAQ:TPCS), a manufacturer of precision large-scale fabrication and machined metal components, has scheduled its fiscal 2026 first quarter financial results announcement for August 21, 2025 after market close.

The company will host a conference call at 4:30 p.m. Eastern on the same day. Investors can join via phone using the toll-free number 1-877-545-0523 (International: 1-973-528-0016) with code 650863. A replay will be available until September 4, 2025 and can be accessed through the company's webcast portal.

TechPrecision Corporation (NASDAQ:TPCS) reported its Q4 and fiscal year 2025 financial results, showing mixed performance. Q4 revenue increased 10% to $9.5 million with net income of $0.1 million ($0.01 per share), compared to a net loss in the prior year. For fiscal 2025, revenue grew 8% to $34.0 million, though the company recorded a net loss of $2.7 million.

The company's Ranor segment demonstrated sustained operating profitability, while Stadco showed Q4 profitability but an overall operating loss for the year. The company maintains a strong backlog of $48.6 million as of March 31, 2025, expected to be delivered over the next 1-3 fiscal years. Working capital remained negative at -$1.6 million with total debt of $7.4 million, primarily due to debt covenant violations.

TechPrecision Corporation (NASDAQ:TPCS) has received a standard notification from Nasdaq on July 18, 2025, regarding non-compliance with Listing Rule 5250(c)(1) due to delayed filing of its Annual Report (Form 10-K) for the period ended March 31, 2025.

The company has until September 16, 2025 to submit a compliance plan, with Nasdaq having the discretion to grant an extension until January 12, 2026. TechPrecision targets to file the Form 10-K by July 31, 2025, which would be 31 days late. The notice does not immediately affect TPCS's listing or trading status on the Nasdaq Capital Market.

TechPrecision (NASDAQ:TPCS) reported its Q3 FY2025 financial results, showing a marginal revenue decline to $7.6 million, down less than 1% year-over-year. The company posted a net loss of $0.8 million for the quarter.

While the Ranor segment maintained profitability with a favorable project mix, Stadco faced challenges with legacy pricing issues and unfavorable project mix. The company's backlog stands strong at $45.5 million as of December 31, 2024, expected to be delivered over the next one to three fiscal years with anticipated gross margin expansion.

Financial highlights include reduced SG&A expenses (down 22%), increased interest expenses, and a negative working capital of $1.8 million. The company's debt totaled $7.4 million, with cash and equivalents of $165,000 as of September 30, 2024.

TechPrecision (NASDAQ:TPCS) has announced it will release its fiscal 2025 third quarter financial results on Tuesday, April 8, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern on the same day.

Participants can join the live conference call by dialing 1-888-506-0062 (US) or 1-973-528-0011 (International) using code 538981. A replay will be available until April 22, 2025, accessible via 1-877-481-4010 or 1-919-882-2331 with Conference Passcode 52309. The webcast will also be available online at the provided link.

TechPrecision (NASDAQ:TPCS) has appointed Phillip E. Podgorski as its new Chief Financial Officer, effective March 31, 2025. Podgorski joins from RTX Technology Research Center, where he served as CFO since 2013, managing GAAP, SEC, and government accounting responsibilities.

The appointment aims to strengthen TechPrecision's financial leadership, with CEO Alexander Shen highlighting Podgorski's public company experience in the defense sector and expertise in financial strategy and scenario planning. The new CFO will focus on enhancing operations effectiveness across Ranor, Stadco, and TechPrecision divisions.

Podgorski holds an MBA and Bachelor of Science degree in Accounting from Western New England University. His role at RTX included strategic planning and managing annual operating budgets.

TechPrecision (NASDAQ:TPCS) has received a standard notification from Nasdaq on February 21, 2025, regarding non-compliance with Listing Rule 5250(c)(1). The notice was issued due to the company's failure to file its Quarterly Report (Form 10-Q) for the period ended December 31, 2024, within the extended deadline of February 19, 2025.

The company has been given 60 calendar days until April 22, 2025, to submit a compliance plan. Nasdaq may grant an extension of up to 180 calendar days until August 18, 2025, for the company to regain compliance. Currently, this notice does not immediately impact TPCS's listing or trading status on the Nasdaq Capital Market.

TechPrecision (NASDAQ:TPCS) has announced significant changes in its financial leadership and reporting timeline. Alexander Shen, the company's CEO, has been appointed as interim principal financial officer and principal accounting officer, effective February 14, 2025, following the resignation of Richard Roomberg, the former CFO.

The company has disclosed its inability to file its Q3 FY25 Form 10-Q within the prescribed period, targeting March 7, 2025, which would be 21 days late. This continues a pattern of delayed filings over the past year, with previous delays ranging from 16 to 85 days. The company attributes these delays primarily to resource drain from acquisition activities and states it is taking steps to achieve consistent compliance with timely reporting requirements.

TechPrecision (NASDAQ:TPCS) reported its FY2025 Q2 financial results, showing an 8% year-over-year revenue increase. Q2 consolidated revenue reached $8.9 million, up 12% from $8.0 million in the previous year, driven by favorable project mix at both Ranor and Stadco divisions.

However, Stadco reported an operating loss of $0.8 million due to higher manufacturing costs, legacy pricing issues, machine breakdowns, and under-absorbed overhead costs. The company's backlog stands at $48.6 million as of September 30, 2024, expected to be delivered over the next one to three fiscal years.

Financial position shows cash and equivalents of $132,000, negative working capital of $1.5 million, and total debt of $7.2 million as of September 30, 2024. The company reported a net loss of $0.6 million for the quarter and $2.1 million for the six-month period.