| Sypris Reports First Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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. |
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2025-05-14 20:05:00 |
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| SYPR Slips 4% Despite Q4 Earnings Up Y/Y on Solid Energy Shipments |
Sypris Solutions reports improved Q4 earnings on a year-over-year basis, fueled by strong energy shipments and margin gains, despite a year-over-year decline in total revenue. |
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2025-04-01 18:55:29 |
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| Sypris Reports Fourth Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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. |
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2025-03-27 09:45:00 |
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| Sypris Q3 Earnings Rise Y/Y on Defense Demand, 2024 View Updated |
SYPR reports Q3 earnings growth on a year-over-year basis, driven by defense demand and a strong backlog. It is updating its 2024 revenue outlook amid steady demand across sectors. |
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2024-11-14 15:30:33 |
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| Sypris Reports Third Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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 an. |
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2024-11-12 09:45:00 |
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| Sypris Appoints Rebecca R. Eckert as Vice President, Chief Accounting Officer and Controller |
LOUISVILLE, Ky.--(BUSINESS WIRE)--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) (the “Company”) announced today the appointment of Rebecca R. Eckert, the Company's current Controller, to the position of Vice President, Chief Accounting Officer and Controller, effective as of November 1, 2024. Mrs. Eckert will serve as the Company's principal financial officer and principal accounting officer. Mrs. Eckert will remain located at the Company's headquarters in Louisville, Kentucky and will report to Jef. |
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2024-08-20 13:00:00 |
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| Sypris (SYPR) Q2 Earnings Break Even With Mixed Segment Results |
Sypris (SYPR) reports breakeven EPS for second-quarter 2024, with stable revenue at $35.5 million. Growth in Sypris Electronics and higher gross profit were offset by rising costs and challenges in Sypris Technologies. |
zacks.com |
2024-08-14 18:25:56 |
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| Zacks Initiates Coverage of Sypris Solutions With Neutral Recommendation |
Discover why Zacks rates Sypris Solutions as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore insights on its key contract extensions, expansion in electronic warfare and strong cash position while considering its high debt levels and competitive risks. |
zacks.com |
2024-08-08 13:41:03 |
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| Sypris Appoints Curtis S. Petrie as Vice President of Administration |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) (the “Company”) announced today the appointment of Curtis S. Petrie, a corporate director of the Company, to the position of Vice President of Administration, effective September 1, 2024. Mr. Petrie will remain located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Mr. Petrie has served as Corporate Direct. |
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2024-08-07 21:15:00 |
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| 5 Microcaps with Exposure to Defense Spending |
Global defense spending is perking up and these 5 microcaps may benefit. |
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2024-07-30 14:01:25 |
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| Sypris Appoints Rachel Ainsworth Brady, Esq. as Senior Corporate Counsel and Secretary |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) announced today the appointment of Rachel Ainsworth Brady, Esq. to the position of Senior Corporate Counsel and Secretary, effective July 8, 2024. Ms. Brady will be located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Prior to joining Sypris, Ms. Brady most recently served as Corporate Counsel with Ameri. |
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2024-07-11 20:05:00 |
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| Sypris Appoints Michael D. Sedgwick as Vice President and General Manager of Sypris Electronics, LLC |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) announced today the appointment of Michael D. Sedgwick to the position of Vice President and General Manager of Sypris Electronics, LLC, effective June 3, 2024. Mr. Sedgwick will operate from the Company's headquarters located in Tampa, Florida and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Mr. Sedgwick will be joining Sypris following a successful career wit. |
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2024-06-03 20:05:00 |
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| Sypris Reports First Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended March 31, 2024. HIGHLIGHTS ───────────────────── The Company's first quarter 2024 consolidated revenue increased 10.1% to $35.6 million compared with the prior year quarter, representing the 11th quarter of double-digit year-over-year growth during the past 12 quarterly periods. Revenue for Sypris Electronics increased 34.5% year-over-year and 9.5% sequentially. |
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2024-05-15 11:45:00 |
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| Sypris Receives New Releases Under Electronic Warfare Program |
TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received additional releases under a multi-year production contract that was first announced in 2022. The order, which provides for Sypris to begin deliveries in 2024, calls for the manufacture and test of electronic assemblies for an additional four systems to be supplied to a U.S. DOD contractor. Terms of the award were not disclosed. The module. |
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2024-05-02 12:30:00 |
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| Sypris Wins Award for the Gorgon Project in Western Australia |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received an award to supply specialty high-pressure closures for use in the Gorgon Project to support the optimization of the existing carbon capture and storage facilities. Shipments under this award are anticipated to be completed by year-end 2024. Terms of the order were not disclosed. The Gorgon Project is one of the world's largest natu. |
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2024-03-04 10:30:00 |
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| Sypris Solutions, Inc. (SYPR) Q3 2023 Earnings Call Transcript |
Sypris Solutions, Inc. (NASDAQ:SYPR ) Q3 2023 Earnings Conference Call November 15, 2023 9:00 AM ET Company Participants Jeffrey Gill - President & Chief Executive Officer Rich Davis - Vice President & Chief Financial Officer Conference Call Participants Operator Good day and welcome to Sypris Solutions Incorporated Conference Call. Today's call is being recorded. |
seekingalpha.com |
2023-11-17 17:16:05 |
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| Sypris Reports Third Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 1, 2023. HIGHLIGHTS ───────────────────── Revenue for the quarter increased 33.3% year-over-year, driven by a 73.5% increase for Sypris Electronics and a 13.8% increase for Sypris Technologies. Gross profit increased 105.0% year-over-year, with an improvement of 186.8% for Sypris Electronics and 36.2% for Sypris Technologies. Gross margin for the quarte. |
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2023-11-15 09:45:00 |
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| Sypris Solutions, Inc. to Announce Third Quarter Financial Results, Host Conference Call and Webcast November 15 |
LOUISVILLE, Ky., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Sypris Solutions, Inc. (NASDAQ/GM: SYPR) (“Sypris” or the “Company”) today announced that it will host a conference call on Wednesday, November 15, 2023, at 9:00 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (833) 316-0560 approximately 10 minutes prior to the start of the call (ask to be joined into the Sypris Solutions, Inc. call). |
globenewswire.com |
2023-11-13 17:30:00 |
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| Sypris Wins Award for Cryptographic Program |
TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received a follow-on award from a U.S. global defense contractor to manufacture and test embedded circuit card assemblies that will perform certain of the cryptographic functions for the Army Key Management System (AKMS). Production is expected to begin in 2024. Terms of the agreement were not disclosed. The AKMS is a fielded system that consists. |
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2023-11-13 10:30:00 |
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| Sypris Wins Two Follow-On Contract Awards for Electronic Warfare Communications and Navigation Program |
TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received two full rate production follow-on multimillion-dollar contract awards from a U.S. global defense contractor to manufacture advanced integrated electronic warfare and communications avionics system modules for one of the largest Government DoD programs. Production is expected to begin in 2023 and will continue into mid-year 2025. Terms of. |
businesswire.com |
2023-11-06 10:30:00 |
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| Sypris Solutions, Inc. (SYPR) Q2 2023 Earnings Call Transcript |
Sypris Solutions, Inc. (NASDAQ:SYPR ) Q2 2023 Results Conference Call August 15, 2023 9:00 AM ET Company Participants Jeffrey Gill - President & CEO Rich Davis - VP & CFO Operator Good day, and welcome to Sypris Solutions, Inc. conference call. Today's call is being recorded. |
seekingalpha.com |
2023-08-15 18:19:03 |
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| Sypris Reports Second Quarter Results |
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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. EPS incr. |
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2023-08-15 11:45:00 |
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| Sypris Solutions, Inc. to Announce Second Quarter Financial Results, Host Conference Call and Webcast on August 15 |
Louisville, Ky. , Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sypris Solutions, Inc. (NASDAQ/GM: SYPR) (“Sypris” or the “Company”) today announced that it will host a conference call on Tuesday, August 15, 2023, at 9:00 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (833) 316-0560 approximately 10 minutes prior to the start of the call (ask to be joined into the Sypris Solutions, Inc. call). |
globenewswire.com |
2023-08-09 15:00:00 |
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