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

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

Sypris Reports Fourth Quarter and Full Year Results

March 19, 2020 7:45 AM EDT

Gross Margins Expand; New Contracts Awarded For 2020

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2019. Having completed a series of strategic initiatives over the past several years, Sypris Solutions is now better positioned to achieve long-term growth and a return to profitable operations. These steps have included reducing and realigning our cost structure while diversifying our book of business in terms of both customers and markets.

Results for 2019 fundamentally reflected these expectations,... More