Sypris Solutions (SYPR) Reports Q4 Loss of $0.23/Share
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Sypris Reports Earnings of $0.30 Per Share for 2016
March 28, 2017 7:45 AM EDT$18 Million 2017 Cost Reduction Goal over 80% Complete
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its fourth quarter and full year ended December 31, 2016. While the Company's revenue continued to contract during 2016, reflecting changes to and divestitures of certain aspects of its business, Sypris Solutions has implemented several important and strategic initiatives to better align its cost structure. Many of those steps have been completed or are nearing completion. As a result, the Company is positioned to achieve a more stable... More
