TechPrecision Sees Prelim Q4 Ranor Net Sales $4.529M; STADCO Net Sales $5.015M; TechPrecision No Revenue
Portfolio Pulse from Benzinga Newsdesk
TechPrecision Corporation reported preliminary Q4 net sales for its subsidiaries Ranor and STADCO. Ranor's net sales were $4.529 million, while STADCO's net sales were $5.015 million. TechPrecision itself reported no revenue for the quarter.
July 01, 2024 | 12:57 pm
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TechPrecision Corporation reported preliminary Q4 net sales for its subsidiaries Ranor and STADCO. Ranor's net sales were $4.529 million, while STADCO's net sales were $5.015 million. TechPrecision itself reported no revenue for the quarter.
The preliminary Q4 net sales figures for TechPrecision's subsidiaries Ranor and STADCO show positive revenue, but the lack of revenue for TechPrecision itself may be a concern for investors. This mixed result is likely to have a neutral short-term impact on the stock price.
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IMPORTANCE 70
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