SYPRIS SOLUTIONS INC

For the period ended Mar 27, 2025. Filed Mar 27, 2025.

About 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.

Mar 27, 2025 · Filed Mar 27, 2025

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

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EX-99 · (in thousands, except for per share data)

(in thousands, except for per share data)

Three Months Ended · Year Ended
December 31, · December 31,
2024 · 2023 · 2024 · 2023
(Unaudited) · (Unaudited)
Net revenue:
Sypris Technologies		$19,547		$19,025		$75,207		$77,920
Sypris Electronics		13,902		15,710		64,973		58,303
Total net revenue		33,449		34,735		140,180		136,223
Cost of sales:
Sypris Technologies		15,154		15,922		62,383		68,712
Sypris Electronics		12,909		14,436		57,907		50,263
Total cost of sales		28,063		30,358		120,290		118,975
Gross profit:
Sypris Technologies		4,393		3,103		12,824		9,208
Sypris Electronics		993		1,274		7,066		8,040
Total gross profit		5,386		4,377		19,890		17,248
Selling, general and administrative		4,087		4,660		16,963		16,279
Operating income (loss)		1,299		(283)		2,927		969
Interest expense, net		216		246		1,684		777
Other expense, net		436		342		1,217		1,125
Income (loss) before taxes		647		(871)		26		(933)
Income tax expense, net		512		208		1,706		663
Net income (loss)		$135		$(1,079)		$(1,680)		$(1,596)
Income (loss) per common share:
Basic		$0.01		$(0.05)		$(0.08)		$(0.07)
Diluted		$0.01		$(0.05)		$(0.08)		$(0.07)
Dividends declared per common share	$	-	$	-	$	-	$	-
Weighted average shares outstanding:
Basic		22,137		21,938		22,043		21,876
Diluted		22,390		21,938		22,043		21,876

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