TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has received a follow-on contract award to manufacture and test advanced electronic power supply modules for integration into the avionics suite of a classified, mission-critical missile program. Production is scheduled to begin in 2026. Terms of the agreement...
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended June 29, 2025. HIGHLIGHTS ────────────────────────────────── The Company's second quarter revenue decreased compared to the prior-year quarter primarily due to the near-term impact of tariffs, which reduced demand from certain transportation-related ...
TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced it has secured follow-on contract awards from a leading global provider of subsea cable systems. Under the terms of the agreement, Sypris will manufacture and test electronic power supply modules, optical processing units, and branching units to support multiple high-reliab...
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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, Federico...
TAMPA, Fla.--(BUSINESS WIRE)--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 begin in 2026. Term...
TAMPA, Fla.--(BUSINESS WIRE)--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 a U.S. Department...
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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 facility in Mexic...
LOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--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 15.3% from the ...
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