Sypris Solutions (SYPR) Reports Q2 EPS of $0.04; Affirms 2H18 Revenue Guidance

Go back to Sypris Solutions (SYPR) Reports Q2 EPS of $0.04; Affirms 2H18 Revenue Guidance

Sypris Reports Second Quarter Results

August 14, 2018 7:45 AM EDT

Revenue and Margin Continue to Expand; Confirms Second Half Guidance

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended July 1, 2018. Sypris Solutions recently completed several strategic initiatives to better align its current revenue and cost structure and diversify the Companys book of business, both in terms of customers and markets. With a now-stabilized revenue base and these strategic initiatives accomplished, the Company is positioned to achieve attractive top-line growth in 2018, along with higher gross profit and a return to profitable operations.

HIGHLIGHTS

... More