Sypris Solutions (SYPR) Reports Q1 Loss of $0.08/sh
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Sypris Reports First Quarter Results
May 18, 2021 7:45 AM EDT2021 OUTLOOK RAISED; ORDERS UP 70% AT SYPRIS ELECTRONICS
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 4, 2021.
HIGHLIGHTS
Customer orders were robust during the period, while revenue was less than the prior year quarter due to late material receipts and customer releases that have since been resolved and are expected to support future growth. Gross margin decreased from the prior-year period as a... More
