Sypris Reports Fourth Quarter and Full Year Results

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Go back to Sypris Reports Fourth Quarter and Full Year Results

Sypris Solutions (SYPR) Misses Q4 EPS by 5c, Revenues Miss

March 19, 2020 7:53 AM EDT

Sypris Solutions (NASDAQ: SYPR) reported Q4 EPS of ($0.04), $0.05 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $21.6 million versus the consensus estimate of $23 million.

The Company reported revenue of $21.6 million for the fourth quarter of 2019, compared to $24.0 million for the prior-year period.Additionally, the Company reported a net loss of $0.9 million for the fourth quarter, or $0.04 per share, compared to a net loss of $0.2 million, or $0.01 per share, for the prior-year period.The results for the quarter ended December 31, 2018, included a benefit in selling, general and... More