Sypris Solutions (SYPR) Posts Q4 Loss of 11c/Share

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Go back to Sypris Solutions (SYPR) Posts Q4 Loss of 11c/Share

Sypris Reports 2014 Results

March 31, 2015 7:45 AM EDT

Industrial Margins Expand

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its fourth quarter and full year ended December 31, 2014.

HIGHLIGHTS

For the Fourth Quarter:

Revenue for the fourth quarter increased 18% from the prior year quarter. Gross profit increased 45% to $9.2 million from the fourth quarter of 2013. Revenue for the Industrial Group increased 25% from the prior fourth quarter to $80.2 million, while gross profit increased 40% to $10.2 million.

For the Full Year:

... More