Sypris Solutions (SYPR) Tops Q1 EPS by 3c, Revenues Beat

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Go back to Sypris Solutions (SYPR) Tops Q1 EPS by 3c, Revenues Beat

Sypris Reports First Quarter Results

May 20, 2020 7:45 AM EDT

Gross Margins Expand; Orders up 133% at Sypris Electronics

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 5, 2020. 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 the Companys cost structure while diversifying its book of business in terms of both customers and markets.

Results for the first quarter of 2020 fundamentally... More