Sypris Solutions (SYPR) Misses Q2 EPS by 16c

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Go back to Sypris Solutions (SYPR) Misses Q2 EPS by 16c

Sypris Reports Second Quarter Results

August 18, 2015 7:45 AM EDT

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

HIGHLIGHTS

For the Second Quarter:

Revenue for the Company was $40.8 million, an increase of $3.7 million, or 10.1% sequentially from the first quarter of 2015. The Company was breakeven at the gross profit line for the second quarter of 2015, for a sequential improvement of $3.1 million from the first quarter of 2015. Revenue for the Industrial Group increased 14.0% sequentially to $32.0 million,... More