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Thu, 26.06.2025
Sypris Solutions
US8716551069
Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a long-term agreement to supply certain drivetrain components for a leading global truck OEM’s new electrified heavy-duty vehicle. The parties expect initial deliveries to begin in 2026.
Commenting on the announcement, Fe...
Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today it has received a follow-on award from a leading U.S. defense contractor to manufacture and test embedded circuit card assemblies that will support cryptographic functions for the U.S. Army’s Key Management System (AKMS). Production is scheduled to b...
Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), today announced it has received a follow-on award to support continued production of critical electronic assemblies first announced in 2022. Under the new order, Sypris will manufacture and test electronic assemblies for an additional four systems to be delivered to...
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended March 30, 2025.
HIGHLIGHTS
Customer orders were robust during the period, while revenue was less than the prior-year quarter due to the cyclical decline in the commercial vehicle market, the conversion of certain shipments from our faci...
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2024.
HIGHLIGHTS
The Company’s gross profit for the quarter increased 23.1% from the prior-year period, while gross margin expanded 350 basis points.
For the full year, the Company’s gross profit increased ...
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended September 29, 2024.
HIGHLIGHTS
Revenue for the quarter increased 6.2% year-over-year, driven by a 13.6% increase for Sypris Electronics and a 0.7% increase for Sypris Technologies. Orders were up 6.5% for the quarter and 13.4% year-to-date, r...
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) (the “Company”) announced today the appointment of Rebecca R. Eckert, the Company’s current Controller, to the position of Vice President, Chief Accounting Officer and Controller, effective as of November 1, 2024. Mrs. Eckert will serve as the Company’s principal financial officer and principal accounting o...
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended June 30, 2024.
HIGHLIGHTS
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The Company’s second quarter 2024 consolidated revenue was even with the prior year at $35.5 million, reflecting a rotation in mix driven by continued growth at Sypris Electronics and reduced s...
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