TechPrecision provides post-acquisition FY25-27 forecast; delays Q3 10-Q filing

TECHPRECISION CORP

Combined company forecast: FY25E net sales $123.5M, EBITDA $18.4M; FY27E net sales $156.9M, EBITDA $35.6M.
Votaw Nov 2023 net sales $5.5M, EBITDA $1.4M; Dec 2023 net sales $4.7M, EBITDA $1.1M.
Acquisition of Votaw expected to close on or about March 31, 2024.
TechPrecision unable to timely file FY24 Q3 10-Q due to STADCO delay; expects to file by end of Feb 2024.
Assumes STADCO consolidation into Votaw facility within two years, with leasehold savings of ~$3.0M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

TECHPRECISION CORP reported preliminary financial results for the third quarter ended December 31, 2023.

Period: the third quarter ended December 31, 2023
Result: preliminary results

Exact text from the filing

On February 22, 2024, TechPrecision Corporation issued a press release containing forecasts related to its pending acquisition of Votaw Precision Technologies, Inc., including preliminary financial results for the third quarter ended December 31, 2023.

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

TECHPRECISION CORP filing history →

Source: SEC EDGAR

accession 0001104659-24-026678

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.