Revenue increased 8% year-over-year, Customer confidence remains highManagement to host conference call at 4:30 p.m. ET on Thursday, November 14 WESTMINSTER, MA / ACCESSWIRE / November 12, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components. The components that we manufacture are customer designed. We sell to customers in two main industry sections: defense and precision industrial markets, today reported financial results for the first quarter ended June 30, 2024.We will have a conference call on Thursday November 14, 2024 at 4
WESTMINSTER, MA / ACCESSWIRE / February 28, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal third quarter on Thursday, February 29, 2024.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Thursday, February 29, 2024. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1
Three Year Consolidated ForecastVotaw November and December 2023 Unaudited Summary FinancialsStatus of Filing Fiscal Year 2024 Q3 10-QWESTMINSTER, MA / ACCESSWIRE / February 22, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company," "we," "us" or "our") today provided additional financial information in connection with the company's pending acquisition of Votaw Precision Technologies, Inc. ("Votaw") and the filing of its FY24 Q3 financial results on Form 10-Q.In accord with its previous statements that the information the Company provides to shareholders may change as certain stages in the planned acquisition of Votaw are reached, the Company is releasing pro forma
NEW YORK, Jan. 19, 2024 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS), with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** January 19, 2024 Wynnefield Capital Demands TechPrecision's Board to Commit That Stockholders Will Vote on the Votaw Transaction Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of December 31, 2023. Wynnefield is TechPrecision's la
NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS) with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** Wynnefield Capital Concerned TechPrecision is Ignoring its Duty to Stockholders by Failing to Explain Proposed Acquisition of Votaw Precision Technologies. Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of September 30, 2023. Wynn
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS), with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** Wynnefield Capital: Demands TechPrecision Hold Public Conference Call to Explain Proposed Acquisition of Votaw Precision Technologies to Stockholders. Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of September 30, 2023. Wynnefiel
WESTMINSTER, MA / ACCESSWIRE / November 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal second quarter on Monday, November 20, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Monday, November 20, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-97
WESTMINSTER, MA / ACCESSWIRE / August 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal first quarter on Monday, August 21, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Monday, August 21, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-973-528-0
WESTMINSTER, MA / ACCESSWIRE / June 12, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal fourth quarter and year end on Thursday, June 15, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Thursday, June 15, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial
WESTMINSTER, MA / ACCESSWIRE / October 14, 2024 - Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announces the following.2024 Annual MeetingThe Company will hold its 2024 Annual Meeting of Stockholders on Thursday December 19, 2024, at 10:00 a.m. Eastern. The meeting will be held virtually. The Board of Directors set the meeting date based on time requirements to allow for the mailing and dissemination of its proxy materials following the record date. Based upon SEC requirements for a broker search, the record date has been set by the Board as November 4, 2024, which determines which stockholders are entitled to notice of and to vote at the 2024 Annua
WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO).TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D. Roomberg, CPA, CMA, to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller.Mr. Roomberg has a Bachelor of Science degree in Accounting from Pennsylvania State University
WESTMINSTER, MA / ACCESSWIRE / May 31, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced that Thomas Sammons, Chief Financial Officer, has notified the Company that he will retire effective on or about July 14, 2023. Mr. Sammons joined the Company in March 2015 as Vice President, Finance, of the Company's wholly owned subsidiary, Ranor, Inc., and was appointed Chief Financial Officer of the Company effective on October 23, 2015. Mr. Sammons will continue to consul
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Revenue increased 8% year-over-year, Customer confidence remains highManagement to host conference call at 4:30 p.m. ET on Thursday, November 14 WESTMINSTER, MA / ACCESSWIRE / November 12, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components. The components that we manufacture are customer designed. We sell to customers in two main industry sections: defense and precision industrial markets, today reported financial results for the first quarter ended June 30, 2024.We will have a conference call on Thursday November 14, 2024 at 4
WESTMINSTER, MA / ACCESSWIRE / October 14, 2024 - Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announces the following.2024 Annual MeetingThe Company will hold its 2024 Annual Meeting of Stockholders on Thursday December 19, 2024, at 10:00 a.m. Eastern. The meeting will be held virtually. The Board of Directors set the meeting date based on time requirements to allow for the mailing and dissemination of its proxy materials following the record date. Based upon SEC requirements for a broker search, the record date has been set by the Board as November 4, 2024, which determines which stockholders are entitled to notice of and to vote at the 2024 Annua
WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO).TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D. Roomberg, CPA, CMA, to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller.Mr. Roomberg has a Bachelor of Science degree in Accounting from Pennsylvania State University
Backlog increased to $50 million, Customer confidence remains high WESTMINSTER, MA / ACCESSWIRE / September 16, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the fourth quarter and fiscal year ended March 31, 2024.Due to restrictions as to what we can speak about while the Q1FY25 financials are pending, we will not hold a press conference until those are filed. We do not have a set date, but now that FY24 10K has been filed, we are focusin
WESTMINSTER, MA / ACCESSWIRE / August 27, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced it received a notice (the "Notice") on August 21, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC").NASDAQ NOTICE AND FINANCIAL REPORTING ISSUESAs previously disclosed on a Current Report on Form 8-K filed by the Company on July 22, 2024, t
WYNNEFIELD HIGHLIGHTS TWO DIRECTOR NOMINEES TO ADDRESS TECHPRECISION'S DISMAL STOCKHOLDER RETURNS, RECENT M&A DEBACLES AND LACK OF TRANSPARENCY Launches Campaign Website at www.rebuildTPCScredibility.com NEW YORK, July 30, 2024 /PRNewswire/ -- Wynnefield Partners Small Cap Value, L.P. I and its affiliates ("Wynnefield"), and Robert D. Straus (together, with Wynnefield, the "Group"), who collectively own more shares of TechPrecision Corporation (the "Company") (NASDAQ:TPCS) than any other stockholder, collectively owning approximately 7.0% of the Company's outstanding common stock according to Bloomberg, today launched a campaign website at www.rebuildTPCScredibility.com and issued the follow
WESTMINSTER, MA / ACCESSWIRE / July 22, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced it received a standard notice (the "Notice") on July 18, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC") on or before July 16, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended. The Notice in
WESTMINSTER, MA / ACCESSWIRE / July 8, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our"), announced today that it has entered into a securities purchase agreement with certain accredited investors for the purchase of 666,100 shares of its common stock and warrants to purchase up to an aggregate of 666,100 shares of common stock, in a private placement. The combined purchase price for one share of common stock and a warrant to purchase one share of common stock was $3.45. The warrants have an exercise price of $4.00 per share, will be exercisable beginning 6 (six) months after issuance, and will expire five years from the issuance date.Wellington Shields
WESTMINSTER, MA / ACCESSWIRE / July 1, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company," "we," "us" or "our") today announced unaudited preliminary Q4 2024 financial information and disclosed it had filed form 12b-25 for a 15 day extension to timely file their Form 10K for the fiscal year ended March 31, 2024.Q4 FY 2024 Unaudited Preliminary financial informationThe unaudited preliminary financial information for the three months ended March 31, 2024 is as follows. Ranor, Inc., had net sales of $4,529,227 with net income of $246,822. STADCO had net sales of $5,015,478 with net income of $379,446. TechPrecision had no revenue and approximately $400,000 of recur
Discloses Cleansing Information Provided in Connection with Abandoned Votaw Acquisition FinancingWESTMINSTER, MA / ACCESSWIRE / April 8, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company," "we," "us" or "our") today announced the termination of the Stock Purchase Agreement ("SPA") dated November 22, 2023, between TechPrecision and Doerfer Corporation ("Doerfer") to acquire Votaw Precision Technologies, Inc. ("Votaw").Termination of SPAOn Tuesday April 2, 2024, Doerfer simultaneously notified us that it was terminating the SPA effective immediately and by separate term sheet offered to reinstate the SPA and extend the outside closing date in exchange for material
Gainers Laser Photonics (NASDAQ:LASE) shares rose 46.1% to $2.09 during Tuesday's pre-market session. The market value of their outstanding shares is at $17.2 million. Blade Air Mobility (NASDAQ:BLDE) stock increased by 9.14% to $4.16. The company's market cap stands at $313.6 million. NeoVolta (NASDAQ:NEOV) shares increased by 8.62% to $2.14. The company's market cap stands at $71.1 million. Zoomcar Holdings (NASDAQ:ZCAR) stock increased by 6.32% to $0.46. The company's market cap stands at $29.7 million. Techprecision (NASDAQ:TPCS) stock moved upwards by 6.25% to $5.44. The company's market cap stands at $47.7 million. Nuvve Holding (NASDAQ:NVVE) shares rose 6.04% to $0.76. The marke
Gainers Nauticus Robotics (NASDAQ:KITT) shares increased by 26.6% to $0.33 during Monday's after-market session. The company's market cap stands at $16.5 million. Shengfeng Development (NASDAQ:SFWL) stock moved upwards by 6.53% to $1.63. The market value of their outstanding shares is at $134.4 million. Shoals Technologies Gr (NASDAQ:SHLS) stock rose 3.6% to $10.64. The market value of their outstanding shares is at $1.8 billion. CBAK Energy Tech (NASDAQ:CBAT) shares increased by 3.44% to $0.88. The company's market cap stands at $79.0 million. Velo3D (NYSE:VLD) shares rose 3.22% to $0.46. The market value of their outstanding shares is at $120.0 million. Microvast Holdings (NASDAQ:MVS
Shares of Agenus Inc. (NASDAQ:AGEN) fell sharply during Monday’s session. Agenus disclosed a 1-for-20 reverse stock split of common stock. Agenus Inc. (NASDAQ:AGEN) declined 17% to $0.4181 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Auddia Inc. (NASDAQ:AUUD) shares jumped 231.7% to $4.72 after the company announced the USPTO awarded it with U.S. Patent 11,935,520 for the core AI technology the company uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers. Longeveron Inc. (NASDAQ:LGVN) shares climbed 93.2% to $4.2499 after the company submitted paperwork for a share offering. UTime Limited (NASDAQ:WTO) gained
Gainers JVSPAC Acquisition Corp. - Right (NASDAQ:JVSAR) stock rose 34.6% to $0.35 during Monday's regular session. Techprecision (NASDAQ:TPCS) shares increased by 31.43% to $4.39. The company's market cap stands at $38.5 million. AERWINS Technologies (NASDAQ:AWIN) stock increased by 16.69% to $6.01. The market value of their outstanding shares is at $4.3 million. Ducommun (NYSE:DCO) shares moved upwards by 14.37% to $55.56. The market value of their outstanding shares is at $813.4 million. Solidion Technology (NASDAQ:STI) shares increased by 13.43% to $3.8. The market value of their outstanding shares is at $311.0 million. JE Cleantech Hldgs (NASDAQ:JCSE) stock moved upwards by 13.04%
TechPrecision Corporation (NASDAQ:TPCS) shares are trading higher after the company announced the termination of the agreement to acquire Votaw Precision Technologies. In particular, the company disclosed the termination of the Stock Purchase Agreement (SPA) between TechPrecision and Doerfer Corporation to acquire Votaw. On April 2, 2024, Doerfer simultaneously notified that it was terminating the SPA effective immediately and, by a separate term sheet, offered to reinstate the SPA and extend the outside closing date in exchange for material concessions from the company. After several days of negotiating the proposed reinstatement and extension terms, the company and Doerfer failed
Discloses Cleansing Information Provided in Connection with Abandoned Votaw Acquisition FinancingWESTMINSTER, MA / ACCESSWIRE / April 8, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company," "we," "us" or "our") today announced the termination of the Stock Purchase Agreement ("SPA") dated November 22, 2023, between TechPrecision and Doerfer Corporation ("Doerfer") to acquire Votaw Precision Technologies, Inc. ("Votaw").Termination of SPAOn Tuesday April 2, 2024, Doerfer simultaneously notified us that it was terminating the SPA effective immediately and by separate term sheet offered to reinstate the SPA and extend the outside closing date in exchange for material
TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") today announced that on February 26, 2024, TechPrecision Corporation (the "Company") received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2023 (the "Q3 Form 10-Q") with the Securities and Exchange Commission (the "SEC") on or before February 20, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amen
Techprecision (NASDAQ:TPCS) reported quarterly losses of $(0.10) per share. This is a 1100 percent decrease over earnings of $0.01 per share from the same period last year. The company reported $7.65 million in sales this quarter. This is a 8.14 percent decrease over sales of $8.33 million the same period last year.
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