TechPrecision FY27 Q1 net loss narrows to $0.2 million; revenue rises 23% to $9.1 million

• TechPrecision posted Q1 FY2027 revenue of $9.1 million, up 23% year over year; net loss narrowed to $0.2 million.
• Operating loss improved 90% to $45,000; gross profit rose 36% to $1.4 million.
• Funded backlog reached $52.7 million as of June 30, 2026, with about $22 million of additional unfunded purchase orders.
• CEO Alexander Shen said results reflected a favorable customer and project mix; Stadco losses narrowed as cost of revenue was virtually unchanged.
• TechPrecision held FY2027 guidance for 10% revenue growth to $35 million-$37 million; EBITDA expected to climb 80% to $3 million-$4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechPrecision Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608131605ACCESSWRNAPR_____1207146) on August 13, 2026, and is solely responsible for the information contained therein.