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Sypris Solutions Inc (SYPR.OQ)

SYPR.OQ on NASDAQ Stock Exchange Global Market

1.53USD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Sypris Solutions Q2 loss per share $0.26
Wednesday, 17 Aug 2016 

Sypris Solutions Inc : Q2 loss per share $0.26 . Sypris reports second quarter results .Q2 revenue $23.5 million versus $40.8 million.  Full Article

Sypris Solutions reports Q1 loss per share $0.26
Wednesday, 18 May 2016 

Sypris Solutions Inc : Sypris reports first quarter results . Q1 loss per share $0.26 .Q1 revenue $26.9 million versus $37 million.  Full Article

BRIEF-Sypris posts Q3 loss per share $0.15

* Sypris Solutions Inc sees ‍2018 gross margin of 15 pct to 17 pct​