Sypris Solutions (SYPR) Posts Q3 EPS of $1.02

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Go back to Sypris Solutions (SYPR) Posts Q3 EPS of $1.02

Sypris Reports Third Quarter Results

November 16, 2016 7:45 AM EST

Includes Sale of Cyber Security Solutions Business for $42 Million

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 2, 2016.

HIGHLIGHTS

For the Third Quarter:

Revenue for the Company was $21.4 million, reflecting a reduction in demand for commercial vehicles from Q3 of 2015, the rebalancing of inventory by certain customers and the impact of the sale of the Cyber Security Solutions business (CSS) of Sypris Electronics to Analog Devices, Inc.... More