SYPRIS SOLUTIONS INC. overview

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended March 30, 2025. HIGHLIGHTS Customer orders were robust during the period, while revenue was less than the prior-year quarter due to the cyclical decline in the commercial vehicle market, the conversion of certain shipments from our facility in Mexico to a value-add only sub-maquiladora basis and delays in customer delivery schedules for our Sypris Electronics group. Gross profit for the Company...

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2024. HIGHLIGHTS The Company’s gross profit for the quarter increased 23.1% from the prior-year period, while gross margin expanded 350 basis points. For the full year, the Company’s gross profit increased 15.3% from the prior year, while gross margin increased 150 basis points. Gross profit for Sypris Technologies surged 41.6% for the quarter and 39.3% for the...

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended September 29, 2024. HIGHLIGHTS Revenue for the quarter increased 6.2% year-over-year, driven by a 13.6% increase for Sypris Electronics and a 0.7% increase for Sypris Technologies. Orders were up 6.5% for the quarter and 13.4% year-to-date, reflecting positive growth for both businesses. Gross profit for the Company increased 48.0% from the prior-year period and increased 6.0% sequentially,...

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended July 2, 2023. HIGHLIGHTS ───────────────────── Revenue for the quarter increased 22.6% year-over-year, driven by a 40.2% increase for Sypris Electronics and a 11.7% increase for Sypris Technologies. Backlog increased 25.5%, reflecting a 25.0% year-over-year increase at Sypris Electronics and 38.0% growth for the energy products of Sypris Technologies....

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 2, 2023. HIGHLIGHTS ───────────────────── Revenue for the first quarter increased 23.4% year-over-year, driven by double digit expansion of shipments at both segments. Orders for the period rose 73.6% from the prior-year period, while backlog increased 121.0%, reflecting positive demand from customers across both segments of the business. Revenue...

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2022. HIGHLIGHTS ───────────────────── Consolidated revenue for the quarter increased 15.2% year-over-year and 17.9% sequentially driven by continued expansion across the business. Gross profit rose 4.3% from the prior-year period and 133.0% sequentially. Earnings for the period of $0.01 per diluted share represented an $0.11...

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 2, 2022. HIGHLIGHTS ───────────────────── Orders for Sypris Electronics increased 75% during the third quarter compared to the same period in 2021, driving firm backlog up in excess of $100 million, representing a 99% increase over the prior-year period and 86% year-to-date. Orders for Sypris Technologies energy products increased 33% during the...