Sypris Solutions (SYPR) Reports Q3 Loss of $0.11/Share

Sypris Solutions (NASDAQ: SYPR) reported Q3 EPS of ($0.11), versus ($0.15) reported last year. Revenue for the quarter came in at $21.1 million, versus $21.37 million reported last year.

GUIDANCE:

Sypris Solutions sees Q4 2018 revenue of $24-26 million.

• gross profit is forecasted to be in the range of 13%-15% of revenue

Sypris Solutions sees FY2019 revenue of $105-110 million.

• gross margin of 15%-17%, with both business segments registering solid profitability

For earnings history and earnings-related data on Sypris Solutions (SYPR) click here.

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