Techprecision (NASDAQ:TPCS) Announces Quarterly Earnings Results

Techprecision (NASDAQ:TPCS) issued its quarterly earnings data on Tuesday. The industrial products company reported ($0.15) EPS for the quarter, FiscalAI reports. The business had revenue of $7.09 million during the quarter. Techprecision had a negative return on equity of 5.37% and a negative net margin of 1.37%.

Here are the key takeaways from Techprecision’s conference call:

• Stadco underperformed in Q3 with revenue declines and a $1.2 million operating loss, driven by delays in customer‑furnished materials, an unfavorable project mix, higher provisions for contract losses, and some equipment downtime.
• Ranor remained stable with Q3 revenue of $4.4 million and $1.5 million operating profit, and won a new ~$3.2 million grant, bringing total fully funded submarine‑related grants to over $24 million, supporting capacity investment for naval programs.
• Consolidated results showed revenue down 7% YoY to $7.1 million, gross profit fell to $0.4 million, and Q3 net loss was $1.5 million; liquidity is strained with just $50,000 cash at quarter‑end and $6.7 million of debt despite active cash‑management efforts.
• Management is focused on aggressive cash management, cost control, prioritizing repeatable, long‑leg defense programs and stronger contract terms to eliminate legacy underpriced work, but timing for Stadco’s full recovery remains uncertain.

Techprecision Stock Performance

TPCS opened at $3.90 on Wednesday. The company has a fifty day moving average of $4.75 and a two-hundred day moving average of $4.94. Techprecision has a fifty-two week low of $2.05 and a fifty-two week high of $6.25. The stock has a market capitalization of $39.02 million, a price-to-earnings ratio of -79.36 and a beta of 0.03.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Techprecision in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On Techprecision

A number of institutional investors have recently added to or reduced their stakes in TPCS. Kingsview Wealth Management LLC purchased a new stake in Techprecision in the 2nd quarter worth $42,000. Jane Street Group LLC acquired a new stake in shares of Techprecision in the fourth quarter valued at about $64,000. JPMorgan Chase & Co. purchased a new stake in shares of Techprecision during the third quarter worth about $73,000. Dimensional Fund Advisors LP raised its position in shares of Techprecision by 29.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,831 shares of the industrial products company’s stock worth $86,000 after purchasing an additional 4,071 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in Techprecision by 29.7% in the 3rd quarter. Citadel Advisors LLC now owns 19,940 shares of the industrial products company’s stock valued at $106,000 after buying an additional 4,566 shares in the last quarter. Institutional investors and hedge funds own 15.52% of the company’s stock.

Techprecision Company Profile

TechPrecision, Inc (NASDAQ:TPCS) specializes in the design, engineering and manufacture of high-precision automated machinery and turnkey production solutions. The company’s core offerings include assembly, test and inspection equipment, servo-electric press systems and custom packaging machines tailored for industries with stringent quality and regulatory requirements. TechPrecision’s products support medical device, pharmaceutical, consumer goods and industrial applications, delivering end-to-end services from concept development and prototyping to full-scale production and after-market support.

Founded in 1987 and headquartered in Fredericksburg, Virginia, TechPrecision operates two primary manufacturing facilities: its U.S.