Sypris Reports Second Quarter Results
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Sypris Solutions (SYPR) Tops Q2 EPS by 17c
August 12, 2021 7:46 AM EDTSypris Solutions (NASDAQ: SYPR) reported Q2 EPS of $0.17, $0.17 better than the analyst estimate of $0.00. Revenue for the quarter came in at $26 million versus the consensus estimate of $20.7 million.
Outlook:
Commenting on the future, Mr. Gill added, Demand has strengthened significantly from customers serving the automotive, commercial vehicle and sport utility markets, with Class 8 forecasts showing year-over-year production increases of over 34.6% for... More
