earnings
confidence high
sentiment negative
materiality 0.60
TechPrecision reports Q3 FY2025 net loss of $0.8M; revenue $7.6M, backlog $45.5M
TECHPRECISION CORP
2025-FY EPS reported
-$0.29
revenue$34,031,000
- Net loss $0.8M; operating loss $0.7M; revenue $7.6M, down <1% YoY vs $7.7M.
- Ranor segment profitable; Stadco continues to work through legacy pricing problems and under-absorbed overhead.
- Backlog $45.5M on Dec 31, 2024; management expects delivery over 1-3 years with gross margin expansion.
- Cash $165k at Dec 31, 2024; working capital negative $1.8M; total debt $7.4M.
- Nine-month revenue $24.6M (+7% YoY); operating loss widened to $2.5M from prior year $2.1M.