SYPR Stock Recent News

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.

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.

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.

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.

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.

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.

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.

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.

Global defense spending is perking up and these 5 microcaps may benefit.

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.