Sypris Reports First Quarter Results

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Sypris Solutions (SYPR) Reports Q1 Loss of $0.16/Share

May 16, 2017 7:47 AM EDT

Sypris Solutions (NASDAQ: SYPR) reported Q1 EPS of ($0.16), versus ($0.26) reported last year. Revenue for the quarter came in at $18.2 million, versus $26.9 million reported last year.

Outlook

Commenting on the future, Mr. Gill added, The combination of significant cost savings, improved revenue mix and the elimination of high-cost commercial debt, among other items, is expected to... More