TechPrecision Corporation Common stock

TechPrecision Corporation has issued its first-ever full-year guidance, projecting fiscal 2027 revenue of $35 million to $37 million and EBITDA of $3 million to $4 million. CEO Alexander Shen announced the outlook during the company's fourth-quarter fiscal 2026 earnings call, where consolidated quarterly revenue fell 15% to $8.1 million and gross profit dropped to $1.1 million, largely due to customer-furnished material delays and nonconformance disposition timing at the Stadco subsidiary. For the full fiscal year 2026, consolidated revenue was $31.6 million with a net loss of $1.6 million, or $0.17 per share, while EBITDA came in at approximately $1.646 million. Management highlighted a strengthened backlog of $52 million plus an additional $25 million in unfunded purchase orders, and CFO Phillip Podgorski noted that only two legacy contracts remain, which will carry into fiscal 2027. The company plans to improve Stadco's performance by shifting toward repeat, program-of-record work and pursuing grant-based capital expenditure support, while using higher projected EBITDA for a combination of equipment investment and debt paydown.