Sypris Reports Fourth Quarter Results
Sypris Solutions, Inc. (SYPR)
US:NASDAQ Investor Relations:
sypris.com
Company Research
Source: Business Wire
Revenue Up 17%; Backlog Exceeds $115 Million LOUISVILLE, Ky.--(BUSINESS WIRE)--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2023.HIGHLIGHTS---------------------Consolidated revenue for the quarter increased 16.9% and 23.7% for the full year driven by double digit expansion of shipments across both segments.Revenue for Sypris Electronics increased 25.2% and 42.7% for the quarter and full year, respectively, reflecting the continued growth in demand from customers serving the markets for Electronic Warfare, Aircraft and Missile Avionics, and Subsea Communications.Revenue for Sypris Technologies increased 10.8% and 12.5% for the quarter and full year, respectively, resulting from increased demand from customers serving the Commercial Vehicle, Specialty Automotive and Energy markets.During the quarter, Sypris Electronics announced that it had received two multimillion-dollar follow-on contract awards f
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SYPR
News
- Sypris Receives New Releases Under Electronic Warfare Program [Yahoo! Finance]Yahoo! Finance
- Sypris Receives New Releases Under Electronic Warfare ProgramBusiness Wire
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SYPR
Analyst Actions
- 2/21/24 - TheStreet
SYPR
Sec Filings
- 4/26/24 - Form DEF
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- SYPR's page on the SEC website