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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.
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).
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 for specialty high-pressure closures for use in the Venture Global CP2 LNG Export Terminal and the Venture Global CP Express Natural Gas Pipeline Project. Shipments under this award are anticipated to be completed by year-end 2023. Terms of the order were not disclosed. The CP2 LNG facility will be a natural gas liquefactio.
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 order to supply 72-inch Insulated Joints for use in the expansion of the Atoka Water Pipeline for the Oklahoma City Water Utilities Trust. Shipments under this award are expected to start in 2023 and finish in 2024. Terms of the order were not disclosed. According to news sources, the second Atoka Pipeline is being built to provi.
Sypris Solutions, Inc. (NASDAQ:SYPR ) Q1 2023 Earnings Conference Call May 16, 2023 9:00 AM ET Company Participants Jeffrey Gill - Chairman, President & CEO Richard Davis - VP & CFO Conference Call Participants Operator Good day, and welcome to the Sypris Solutions, Inc. conference call. Today's call is being recorded.
LOUISVILLE, Ky.--(BUSINESS WIRE)--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 for Sypris Electronics expanded 42.0% year-over-year, driven by increased sales to customers serving the communications markets and improved material availability compared to the prior-year period. Orders for Sypris Electronics increased 91.4% during the period, driving firm backlog up to over $131.6 million, representing a $73.1 million or 125.0% increase over the prior-year period and an 11.0% increase from year end. Revenue for Sypris Technologies increased 13
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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 for Sypr.
Louisville, Ky., May 11, 2023 (GLOBE NEWSWIRE) -- Sypris Solutions, Inc. (NASDAQ/GM: SYPR) (“Sypris” or the “Company”) today announced that it will host a conference call on Tuesday, May 16, 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).
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 2023, 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.
Sypris Solutions, Inc. (NASDAQ:SYPR ) Q4 2022 Results Conference Call March 16, 2023 9:00 AM ET Company Participants Jeffrey Gill - President and CEO Rich Davis - VP and CFO Operator Good day and welcome to the Sypris Solutions Incorporated Conference Call. Today's call is being recorded.