SYPRIS SOLUTIONS INC

For the period ended May 15, 2024. Filed May 15, 2024.

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May 15, 2024 · Filed May 15, 2024

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SYPR$1.24+1.6%Stored close · as of Nov 6, 2026

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EX-99 · Sypris Electronics

Sypris Electronics

Revenue for Sypris Electronics was $17.2 million in the first quarter of 2024 compared to $12.8 million for the prior-year period. Increased shipments for two follow-on programs contributed to the growth over the prior-year comparable period. Gross profit for the first quarter of 2024 was $0.8 million, or 4.8% of revenue, compared to $1.5 million, or 11.9% of revenue, for the same period in 2023 primarily due to additional costs incurred on two programs that ramped production during the period.

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