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Sypris Solutions Inc (SYPR.OQ)

SYPR.OQ on NASDAQ Stock Exchange Global Market

0.98USD
16 Aug 2019
Change (% chg)

$-0.00 (-0.00%)
Prev Close
$0.98
Open
$1.17
Day's High
$1.17
Day's Low
$0.98
Volume
13,435
Avg. Vol
3,423
52-wk High
$1.65
52-wk Low
$0.71

Latest Key Developments (Source: Significant Developments)

Sypris Q3 Loss Per Share $0.11
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Sypris Solutions Inc ::SYPRIS REPORTS THIRD QUARTER RESULTS.Q3 LOSS PER SHARE $0.11.Q3 REVENUE $21.1 MILLION VERSUS $21.4 MILLION.SEES Q4 2018 REVENUE $24 MILLION TO $26 MILLION.INITIAL OUTLOOK FOR 2019 INCLUDES REVENUE OF $105-$110 MILLION.Q4 GROSS PROFIT IS FORECASTED TO BE IN RANGE OF 13%-15% OF REVENUE.SEES 2019 GROSS MARGIN OF 15%-17%.QTRLY GROSS MARGIN INCREASED TO 5.7% OF REVENUE, UP 220 BASIS POINTS FROM Q3 OF 2017.  Full Article

Sypris Solutions Reports Q1 Loss Per Share Of $0.09
Tuesday, 15 May 2018 

May 15 (Reuters) - Sypris Solutions Inc ::SYPRIS REPORTS FIRST QUARTER RESULTS.Q1 LOSS PER SHARE $0.09.Q1 REVENUE $19.9 MILLION VERSUS $18.2 MILLION.SEES FY 2018 REVENUE $90 MILLION TO $96 MILLION.SEES FY 2018 REVENUE UP 13 PERCENT.REAFFIRMED ITS FINANCIAL GUIDANCE FOR YEAR.EXPECT TO RETURN TO PROFITABILITY ON A CONSOLIDATED BASIS FOR 2018.SEES CONSOLIDATED REVENUE FOR Q2 OF $23.0-$25.0 MILLION.  Full Article

Sypris posts Q3 loss per share $0.15
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Sypris Solutions Inc :Sypris reports third quarter results.Q3 loss per share $0.15.Q3 revenue $21.4 million versus $21.4 million.Sees Q4 revenue $20 million to $22 million.Sees FY 2018 revenue $86 million to $92 million.Sypris Solutions Inc sees ‍2018 gross margin of 15 pct to 17 pct​.Sypris Solutions - ‍production issues and delayed shipments at Sypris Technologies contributed to $2.2 million miss to forecasted gross profit for quarter​.Sypris - ‍Q4, 2018 expected to benefit from lower fixed overhead, production costs at Sypris Technologies, elimination of severance, other expenses​.Sypris Solutions Inc - ‍expect progress made last year and during nine months of 2017 will enable co's operations to return to profitability by end of H1 2018​.Sypris Solutions -‍ production issues faced in Q3 have been "substantially" resolved.  Full Article