Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Techprecision Corporation (TPCS)
:TPCS
Holding TPCS?
Track your performance easily
Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: -5.59%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Negative
The earnings call highlighted a strong backlog and increased revenue, suggesting high customer confidence and future potential. However, these positives were overshadowed by significant operational challenges, including a substantial operating loss, termination of the Votaw acquisition, decreased gross profit, and debt covenant violations, leading to an overall negative financial outcome for the quarter.Company Guidance
During the TechPrecision Q1 2025 earnings call, the company reported a consolidated revenue increase of 8% to $8 million compared to $7.4 million in the same quarter the previous year. However, the company faced challenges with Stadco, which incurred a significant operating loss of $1.3 million due to terminated acquisition plans and equipment issues, leading to a nearly doubled cost of production compared to the previous year. Additionally, a one-time non-cash charge of $400,000 was recognized due to a valuation change in TechPrecision shares as a breakup fee for the Votaw acquisition. The fiscal year 2025 first quarter saw a gross profit decline of 66% to $0.2 million, with a net loss of $1.5 million. Despite these setbacks, Ranor's performance remained stable, with revenues slightly decreasing to $4.4 million from $4.5 million a year ago. The company maintained a backlog of $41.2 million as of June 30, 2024, and anticipates delivering this over the next 1 to 3 fiscal years, focusing on tactical execution and risk mitigation to regain customer confidence.Increased Consolidated Revenue
Consolidated revenue for the fiscal year 2025 first quarter was $8 million, an 8% increase compared to $7.4 million in the same quarter a year ago.
Strong Backlog
The company maintained a strong consolidated backlog of $41.2 million as of June 30, 2024, indicating high customer confidence and expected gross margin expansion over the next 1 to 3 fiscal years.
Positive Operating Cash Flow
The company maintained two sequential quarters of positive operating cash flow, indicative of effective cash management.
Ranor's Stable Performance
Ranor subsidiary continued to perform well in fiscal year 2025 first quarter with revenue of $4.4 million compared to $4.5 million a year ago.
---
TPCS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TPCS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $3.40 | $3.43 | +0.88% |
| Nov 12, 2024 | $3.41 | $3.40 | -0.29% |
| Sep 16, 2024 | $3.15 | $3.15 | 0.00% |
| Feb 29, 2024 | $4.15 | $4.49 | +8.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Techprecision Corporation (TPCS) report earnings?
Techprecision Corporation (TPCS) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Techprecision Corporation (TPCS) earnings time?
Techprecision Corporation (TPCS) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TPCS EPS forecast?
Currently, no data Available
---