Sypris Q3 Earnings Rise Y/Y on Defense Demand, 2024 View Updated [Yahoo! Finance]
Sypris Solutions, Inc. (SYPR)
US:NASDAQ Investor Relations:
sypris.com
Company Research
Source: Yahoo! Finance
This compares to the S&P 500 index's -0.3% change over the same period. Over the past month, however, Sypris stock moved -7.3%, against the S&P 500's gain of 3.3%, indicating a mixed sentiment among investors despite the quarterly report. For the third quarter of 2024, Sypris reported a net income of $0.4 million, translating to an earnings per share (EPS) of 2 cents, against the net loss of $0.6 million, or a loss of 3 cents per share, in the prior-year quarter. The company reported revenues of $35.7 million, a 6.2% increase from the $33.6 million recorded in the prior-year quarter. This growth was primarily driven by a 13.6% rise in revenues for the Sypris Electronics segment, which benefited from recent contract wins in markets including electronic warfare, subsea communications, and avionics for both aircraft and missiles. Sypris Technologies also contributed with a modest 0.7% increase in revenues. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
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SYPR
News
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sypris Solutions (NASDAQ:SYPR) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Sypris Reports Third Quarter ResultsBusiness Wire
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SYPR
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/4/24 - Form SC
- SYPR's page on the SEC website