---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-093903"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:00:45.132693+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TechPrecision Q1 net sales $7.4M (+4% YoY); net loss $527K; backlog $46.3M

## Summary
- Net sales $7.4M, +4% YoY; net loss $527K or $0.06 per share.
- Consolidated backlog $46.3M as of June 30, 2023, expected to deliver over 1-3 fiscal years.
- Stadco net sales $3.0M (+26% YoY); gross loss improved to $588K from $1.023M.
- Ranor net sales $4.5M (-5% YoY) due to less favorable project mix.
- Total debt $7.6M vs. $6.1M at March 31, 2023; working capital $4.9M.

## SEC filing metadata
- accession: 0001104659-23-093903
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465923093903/0001104659-23-093903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465923093903/tm2324135d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-093903
- JSON: https://secwatch.observer/filing/0001104659-23-093903.json
- Plain text: https://secwatch.observer/filing/0001104659-23-093903.txt

## Key facts
- Earnings Releases
  TECHPRECISION CORP reported first quarter of fiscal year 2024 results: revenue $7.4 million, EPS $ 0.06.
  - Period: first quarter of fiscal year 2024
  - Revenue: $7.4 million
  - EPS: $ 0.06
  - Result: reported results
  source text: remains high, driving a strong backlog increase. Total consolidated backlog is at a strong $46.3 million as of June 30, 2023. First quarter consolidated net sales were $7.4 million, or 4% higher when compared to $7.1 million in fiscal 2023 first quarter,” stated Alexander Shen, TechPrecision’s Chief Executive Officer. “On a consolidated basis, we had a net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1328792/000110465923093903/0001104659-23-093903-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.