tiprankstipranks
TechPrecision CFO Resignation Amidst Reporting Delays
Company Announcements

TechPrecision CFO Resignation Amidst Reporting Delays

Story Highlights
  • Richard Roomberg resigned as CFO, with CEO Alexander Shen appointed interim financial officer.
  • TechPrecision reported delays in quarterly filing due to acquisition-related resource strains.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

An announcement from TechPrecision ( (TPCS) ) is now available.

On February 14, 2025, TechPrecision Corporation announced the resignation of Richard Roomberg as Chief Financial Officer, with CEO Alexander Shen stepping in as interim principal financial officer. Additionally, the company reported delays in filing its Quarterly Report for the quarter ended December 31, 2024, attributing the lateness to resource strains from acquisition activities.

More about TechPrecision

TechPrecision Corporation, through its subsidiaries Ranor, Inc. and Stadco, specializes in manufacturing precision-finished welded and machined components primarily for the defense sector. With facilities in Massachusetts and California, the company offers high-precision fabrication and machining services, serving major OEMs and prime contractors in the defense and aerospace industries.

YTD Price Performance: -14.91%

Average Trading Volume: 26,178

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $30.34M

See more insights into TPCS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App