SYPRIS SOLUTIONS INC

For the period ended Aug 13, 2024. Filed Aug 13, 2024.

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Aug 13, 2024 · Filed Aug 13, 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 $17.7 million in the second quarter of 2024 compared to $15.6 million for the prior-year period. Increased shipments for a follow-on program contributed to the growth over the prior-year comparable period. Gross profit for the second quarter of 2024 was $2.9 million, or 16.5% of revenue, compared to $2.7 million, or 17.1% of revenue, for the same period in 2023 primarily due to higher revenue and favorable material costs, partially offset by additional labor and overhead costs incurred on programs that recently ramped production.

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