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TechPrecision Corp. reports 12% revenue growth, $68M net income, and a $25M stock buyback.
TechPrecision Corporation reported its fiscal year 2026 third quarter financial results, showing a 12% year-over-year increase in revenue to $450 million, driven by strong demand in industrial automation and precision manufacturing segments.
Net income rose to $68 million, up 18% from the same period last year, attributed to improved operational efficiency and cost management.
The company also announced a $25 million share buyback program and raised its full-year revenue guidance.
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TechPrecision Corp. informa un crecimiento del 12% en los ingresos, $68 millones en ganancias netas, y una recompra de acciones de $25 millones.