TechPrecision Corporation (TPCS) posted higher sales in its first quarter of 2027, with revenue rising 23.3% year over year to $9.1 million. Gross profit also improved, climbing 35.9% to $1.4 million, reflecting stronger operating performance at the top line.
Despite the sales growth, the company remained slightly unprofitable. Operating loss came in at $45,000, while net loss attributable to common shareholders was $153,000, or $0.02 per diluted share. Cost of sales increased to $7.7 million as TechPrecision continued to scale its business.
Cash generation was weak in the quarter, with cash from operating activities essentially flat at $1,898. The company also increased spending on property, plant and equipment to $2.4 million, while cash and cash equivalents rose to $279,000. Total liabilities stood at $23.6 million.
- Revenue: $9.1 million, up 23.3%
- Gross profit: $1.4 million, up 35.9%
- Net loss: $153,000
- Cash and cash equivalents: $279,000
- Shares moved lower by 2.85% after the close
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
TechPrecision Corporation Hedge Fund Activity
We have seen 13 institutional investors add shares of TechPrecision Corporation stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 76,831 shares (+402.8%) to their portfolio in Q1 2026, for an estimated $231,261
- NEWEDGE ADVISORS, LLC removed 53,327 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $160,514
- DIVERSIFY ADVISORY SERVICES, LLC added 35,279 shares (+inf%) to their portfolio in Q2 2026, for an estimated $184,861
- BLACKROCK, INC. added 29,001 shares (+145.1%) to their portfolio in Q2 2026, for an estimated $151,965
- NORTH STAR INVESTMENT MANAGEMENT CORP. removed 21,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $63,209
- JANNEY MONTGOMERY SCOTT LLC added 13,750 shares (+inf%) to their portfolio in Q2 2026, for an estimated $72,050
- JANE STREET GROUP, LLC removed 13,207 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $39,753
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
