Sypris Solutions (SYPR) Misses Q1 EPS by 5c

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Go back to Sypris Solutions (SYPR) Misses Q1 EPS by 5c

Sypris Reports First Quarter Results

May 14, 2015 7:45 AM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its first quarter ended April 5, 2015.

HIGHLIGHTS

Revenue for the Company was $37.0 million, reflecting the cessation of our shipments to Dana Holding Corporation as of year-end. The decline in revenue resulted in a loss at the gross profit line of $3.2 million for the first quarter of 2015. Revenue and gross profit for Sypris Electronics increased $0.5 million and $1.5 million, respectively, from the first quarter of 2014.... More