SYPRIS SOLUTIONS INC
For the period ended May 15, 2024. Filed May 15, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 15, 2024 · Filed May 15, 2024
Use the contents to explore the available documents and sections.
SYPR$1.24+1.6%Stored close · as of Nov 6, 2026
Contents
EX-99 · (in thousands, except for per share data)
(in thousands, except for per share data)
| Three Months Ended | ||||
|---|---|---|---|---|
| March 31, · April 2, | ||||
| 2024 · 2023 | ||||
| (Unaudited) | ||||
| Net revenue: | ||||
| Sypris Technologies | $18,350 | $19,500 | ||
| Sypris Electronics | 17,203 | 12,792 | ||
| Total net revenue | 35,553 | 32,292 | ||
| Cost of sales: | ||||
| Sypris Technologies | 16,299 | 16,861 | ||
| Sypris Electronics | 16,370 | 11,270 | ||
| Total cost of sales | 32,669 | 28,131 | ||
| Gross profit: | ||||
| Sypris Technologies | 2,051 | 2,639 | ||
| Sypris Electronics | 833 | 1,522 | ||
| Total gross profit | 2,884 | 4,161 | ||
| Selling, general and administrative | 4,258 | 3,745 | ||
| Operating (loss) income | (1,374) | 416 | ||
| Interest expense, net | 318 | 226 | ||
| Other expense, net | 341 | 71 | ||
| (Loss) income before taxes | (2,033) | 119 | ||
| Income tax expense, net | 188 | 294 | ||
| Net loss | $(2,221) | $(175) | ||
| Loss per common share: | ||||
| Basic | $(0.10) | $(0.01) | ||
| Diluted | $(0.10) | $(0.01) | ||
| Dividends declared per common share | $ | - | $ | - |
| Weighted average shares outstanding: | ||||
| Basic | 21,965 | 21,796 | ||
| Diluted | 21,965 | 21,796 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.