SYPR
Sypris Solutions, Inc.2.1800
-0.0600-2.68%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
50.21MP/E (TTM)
-Basic EPS (TTM)
-0.11Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Q2 revenue dips, electronics orders soar
Sypris Solutions reported Q2 2025 revenue of $31.4 million, down from $35.5 million last year, with a net loss of $2.1 million versus breakeven, hit by tariffs curbing transportation demand and material shortages at Sypris Electronics. Yet orders for Sypris Electronics surged 110% to $47 million, boosting backlog 26% from year-end 2024 amid strong electronic warfare and communications demand. New contracts for secure communications and electronic warfare programs signal growth, with deliveries starting in 2026. Backlog strength offsets cyclical risks in commercial vehicles.
10-Q
Q2 FY2025 results
Sypris Solutions posted Q2 revenue of $31.4M, down 11.5% y/y but up from Q1's $29.5M (derived), as Technologies fell 21% on commercial vehicle softness while Electronics held steady at $17.3M via steady defense contracts. Gross profit slid to $2.6M (8.2% margin) from $5.6M (15.9%), hit by volume drops and Electronics' mix issues, yielding an operating loss of $1.4M versus $1.3M income; net loss widened to $2.1M or $(0.09) per share, matching basic shares of 22.3M with anti-dilution. Cash dipped to $6.4M amid $4.4M operating outflow, offset by $3.0M related-party note proceeds at 9.25%, leaving $12.0M total debt with $500K revolver drawn. Inventory freed $8.2M y/y, but Electronics delays linger. Post-quarter, a $3.2M property sale-leaseback bolsters liquidity. Supply chain snags pose ongoing risks.
8-K
Annual meeting approves directors, plan
Sypris Solutions held its annual stockholder meeting on May 21, 2025, electing Gary L. Convis and Robert Sroka as Class II directors until 2028. Shareholders approved the 2025 Omnibus Plan with 11,078,046 votes in favor and endorsed annual advisory votes on executive compensation. Strong support signals alignment on governance. No opposition emerged.
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