Techprecision Corporation ( (TPCS) ) has released its Q4 earnings. Here is a breakdown of the information Techprecision Corporation presented to its investors.
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TechPrecision Corporation, a key player in the defense and precision industrial markets, specializes in manufacturing custom precision components through its subsidiaries, Ranor and Stadco.
The company recently released its fiscal year 2025 fourth-quarter and year-end financial results, highlighting a notable improvement in revenue and profitability, driven by strategic initiatives and increased customer confidence.
In the fourth quarter, TechPrecision reported a 10% increase in revenue to $9.5 million, with a significant 70% rise in gross profit to $2.1 million. The company also achieved a net income of $0.1 million, reversing a loss from the previous year. For the full fiscal year, revenue grew by 8% to $34.0 million, despite an overall operating loss due to challenges in the Stadco segment, which showed improvement by the fourth quarter.
The company reduced its SG&A expenses by 27% for the year, primarily due to the absence of acquisition-related costs, and decreased its operating loss by 53%. Despite a net loss of $2.7 million for the fiscal year, this marked a significant improvement from the previous year’s loss of $7.0 million.
Looking ahead, TechPrecision remains optimistic, with a backlog of $48.6 million expected to be delivered over the next one to three years, aiming for continued gross margin expansion and sustained customer confidence in its strategic markets.