earnings
confidence high
sentiment positive
materiality 0.65
TechPrecision Q1 FY27 revenue up 23% to $9.1M; net loss narrows to $0.2M
TECHPRECISION CORP
- Revenue $9.1M, +23% YoY; gross profit $1.4M, +36% YoY on favorable mix.
- Net loss $0.2M vs $0.6M prior year; operating loss $45K, 90% improvement.
- Funded backlog $52.7M plus ~$22M unfunded orders; FY27 guidance reaffirmed: revenue $35-37M, EBITDA $3-4M.
- Cash $0.3M; total debt $5.0M (down from $7.0M); negative working capital due to debt covenant violations.