How did TechPrecision's revenue and expenses shift in Q2 2025?
5/9/2025 11:11am
**TechPrecision's revenue and expenses in Q2 2025 showed a slight decline in revenue and an increase in net loss compared to the previous year.**
1. **Revenue Shift**:
- TechPrecision's consolidated revenue for Q3 2025 was $7.6 million, which is a decrease of less than 1% year-over-year.
- The Ranor segment reported revenue of $4.3 million, indicating a slight increase from the same quarter a year ago.
- In contrast, the STADCO segment experienced a revenue decrease of 2% year-over-year, with revenue amounting to $3.3 million.
2. **Expense and Profitability Shift**:
- The company reported a net loss of $800,000 for Q3 2025, equivalent to $0.08 per share.
- Consolidated gross profit decreased by 15% year-over-year, amounting to $1 million.
- Despite the revenue dip, the company's consolidated backlog stood at $45.5 million, suggesting strong future revenue potential.
3. **Comparative Analysis**:
- TechPrecision's revenue decline in Q3 2025 is relatively modest, with a more significant decrease in gross profit due to higher production costs at the STADCO segment.
- The company's net loss of $800,000 represents a slight increase in financial challenges compared to the previous year.
In conclusion, TechPrecision faced a challenging quarter with a slight revenue dip and increased net losses, primarily due to higher production costs at its STADCO segment. However, the company's optimistic outlook and substantial backlog in the defense sector indicate potential for future growth.