TechPrecision Corporation reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was USD 7.08 million compared to USD 3.41 million a year ago. Net loss was USD 0.501165 million compared to net income of USD 1.37 million a year ago.

Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.16 a year ago.