Sypris Solutions (SYPR) Reports Q4 Loss of $0.06/sh

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Go back to Sypris Solutions (SYPR) Reports Q4 Loss of $0.06/sh

Sypris Reports Fourth Quarter and Full Year Results

March 18, 2021 7:45 AM EDT

New Contracts and Market Strength Fuel 2021 Outlook

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2020. Having completed a series of strategic initiatives over the past several years, Sypris Solutions is now well positioned to achieve long-term growth and increasing margins. These initiatives have included reducing and realigning the Companys cost structure while diversifying its book of business in terms of both customers and markets.

The Companys results for 2020 fundamentally reflected these expectations,... More