---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-029393"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:21:58.897582+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TechPrecision Q3 revenue down 8% to $7.7M; operating loss of $1.0M; backlog rises to $50.8M

## Summary
- Net sales $7.7M (-8% YoY); operating loss $1.0M vs income $0.3M a year ago.
- Gross profit $1.2M, down 23% YoY; $1.0M spent on due diligence for potential acquisition.
- Backlog rose to $50.8M from $44.6M at Sept 30, 2023, reflecting continued customer confidence.
- Cash $0.4M; total debt $7.6M; working capital negative due to debt covenant violation.
- Nine-month net sales $23.0M (-4% YoY); operating loss $2.2M vs $0.4M loss a year ago.

## SEC filing metadata
- accession: 0001104659-24-029393
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465924029393/0001104659-24-029393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465924029393/tm247627d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029393
- JSON: https://secwatch.observer/filing/0001104659-24-029393.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029393.txt

## Key facts
- Earnings Releases
  TECHPRECISION CORP reported third quarter of fiscal year 2024 results: revenue $7.7 million.
  - Period: third quarter of fiscal year 2024
  - Revenue: $7.7 million
  - Result: reported results
  source text: three and nine months ended December 31, 2023 to the same prior year period: Consolidated Financial Results - Fiscal 2024 Three Months Ended December 31, 2023 · Net sales were $7.7 million, a or 8% lower when compared to the same period in fiscal 2023, on a different proportionate project mix of products and a decline in utilized labor hours. · Cost of sales were
  evidence_url: https://www.sec.gov/Archives/edgar/data/1328792/000110465924029393/0001104659-24-029393-index.htm

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