Save time and jump to the most important pieces.
Gross Profit Up 48%; Revenue, EPS And Orders Rise 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, reflecting positive growth for both businesses. Gross profit for the Company increased 48.0% from the prior-year period and increased 6.0% sequentially, while gross margin expanded 480 basis points and 90 basis points, respectively. EPS increased to $0.02 per diluted share, up from a loss of
Richard L. Davis Named Senior Vice President, Treasurer and Assistant Secretary 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 officer. Mrs. Eckert will remain located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Mrs. Eckert has served as the Company's Controller and princip
Gross Profit up 21%; Backlog Exceeds $115 Million Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended June 30, 2024. HIGHLIGHTS ───────────────────── 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 shipments for Sypris Technologies. Orders are up 15.8% year-to-date, reflecting positive growth for both businesses. Gross profit for the Company increased 20.8% from the prior-year period and increased 95.6% sequentially, while gross margin expanded 280 basis points and 780 basis points, respec
3 - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
4 - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
4/A - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
The Dow Jones index closed lower by around 0.2% on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Harvard Bioscience The Trade: Harvard Bioscience, Inc. (NASDAQ:HBIO) CEO James W Green bought a total of 10,000 shares at an average price of $2.91. To acquire these shares, it cost around $29,100. What's Happening: On May 7, Harvard Bioscience poste
The Dow Jones index closed higher by around 0.2% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. PodcastOne The Trade: PodcastOne, Inc. (NASDAQ:PODC) Director D Jonathan Merriman bought a total of 18,000 shares at an average price of $1.86. To acquire these shares, it cost around $33,500. What's Happening: On June 6, Litchfield Hills analyst Ba
Gross Profit Up 48%; Revenue, EPS And Orders Rise 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, reflecting positive growth for both businesses. Gross profit for the Company increased 48.0% from the prior-year period and increased 6.0% sequentially, while gross margin expanded 480 basis points and 90 basis points, respectively. EPS increased to $0.02 per diluted share, up from a loss of
Gross Profit up 21%; Backlog Exceeds $115 Million Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended June 30, 2024. HIGHLIGHTS ───────────────────── 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 shipments for Sypris Technologies. Orders are up 15.8% year-to-date, reflecting positive growth for both businesses. Gross profit for the Company increased 20.8% from the prior-year period and increased 95.6% sequentially, while gross margin expanded 280 basis points and 780 basis points, respec
Revenue Up 17%; Backlog Exceeds $115 Million Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its fourth quarter and full-year ended December 31, 2023. HIGHLIGHTS ───────────────────── Consolidated revenue for the quarter increased 16.9% and 23.7% for the full year driven by double digit expansion of shipments across both segments. Revenue for Sypris Electronics increased 25.2% and 42.7% for the quarter and full year, respectively, reflecting the continued growth in demand from customers serving the markets for Electronic Warfare, Aircraft and Missile Avionics, and Subsea Communications. Revenue for Sypris Technologies increased 10.8% and 12.5% fo
10-Q - SYPRIS SOLUTIONS INC (0000864240) (Filer)
8-K - SYPRIS SOLUTIONS INC (0000864240) (Filer)
10-Q - SYPRIS SOLUTIONS INC (0000864240) (Filer)
4 - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
4 - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
4 - SYPRIS SOLUTIONS INC (0000864240) (Issuer)
SC 13G/A - SYPRIS SOLUTIONS INC (0000864240) (Subject)
SC 13G/A - SYPRIS SOLUTIONS INC (0000864240) (Subject)
SC 13G - SYPRIS SOLUTIONS INC (0000864240) (Subject)
Richard L. Davis Named Senior Vice President, Treasurer and Assistant Secretary 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 officer. Mrs. Eckert will remain located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Mrs. Eckert has served as the Company's Controller and princip
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) (the "Company") announced today the appointment of Curtis S. Petrie, a corporate director of the Company, to the position of Vice President of Administration, effective September 1, 2024. Mr. Petrie will remain located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Mr. Petrie has served as Corporate Director of Information Technology, Human Resources and Internal Audit since October 2022 and as Corporate Director of Information Technology and Human Resources from August 2019 to September 2022. Prior to 2019, Mr. Petrie served as the
Sypris Solutions, Inc. (Nasdaq/GM: SYPR) announced today the appointment of Rachel Ainsworth Brady, Esq. to the position of Senior Corporate Counsel and Secretary, effective July 8, 2024. Ms. Brady will be located at the Company's headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc. Prior to joining Sypris, Ms. Brady most recently served as Corporate Counsel with American Commercial Barge Line, a marine transportation company, since 2019. Ms. Brady began her career with American Commercial Barge Line in 2016 as its Associate Corporate Counsel. In addition to American Commercial Barge Line, Ms.