TechPrecision Corporation (TPCS) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the Tech Precision Corporation Fiscal Year 2026 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode, and we will open the floor for your questions and comments after the presentation. Should you require operator assistance during today's conference, please press star zero on your telephone keypad. It is now my pleasure to turn the floor over to your host, Brett Moss with Hayden IR. Brett, the floor is yours. Thank you. On the call today is Alex Shen, Chief Executive Officer, and Phil Podgorski, Chief Financial Officer. Before we begin, I'd like to remind our listeners that management's remarks may contain forward-looking statements, which are subject to risks and uncertainties, and management may make additional forward-looking statements in response to your questions. Therefore, the company claims the protection of the Safe Harbor forward-looking statements as contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ from those discussed today, and therefore we refer you to a more detailed discussion of risks and uncertainties in the company's financial filings with the SEC. In addition, projections as to the company's future performance represents management estimates as of today, August 21, 2025. Tech Precision assumes no obligation to revise or update these forward-looking statements. With that out of the way, I'd like to turn the call over to Alex Shen, Chief Executive Officer, to provide opening remarks. Alex, the floor is yours. Thank you, Brett. Good afternoon to everyone, and thank you for joining us. Fiscal 2026, first quarter consolidated revenue was $7.4 million, 8% lower when compared to $8 million in the fiscal 2025 first quarter. Conso...