SYPR reported narrower Q1 loss with margin gains and backlog growth

From Zacks Investment Research: 2025-05-20 14:44:00

Sypris Solutions, Inc. (SYPR) stock has slipped 0.6% since reporting first quarter 2025 earnings, while the S&P 500 grew 1.4%. The company reported a net loss of 4 cents per share, down from 10 cents per share last year, with revenue declining 17% year-over-year to $29.5 million. Gross profit increased 16.7% to $3.4 million, with consolidated gross margin rising by 330 basis points. CEO Jeffrey T. Gill highlighted operational excellence and a backlog exceeding $80 million for Sypris Electronics. Management has withdrawn full-year 2025 guidance due to macroeconomic uncertainty, but remains optimistic about the company’s prospects.



Read more at Zacks Investment Research: SYPR’s Q1 Loss Narrows Y/Y on Margin Gains, Electronics Backlog Growth – May 20, 2025