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May 6, 2014
07:46 EDTSYPRSypris Solutions reports Q1 EPS 8c, two estimates (1c)
Reports Q1 revenue $84.2M, one estimate $79.5M. The company says "We will continue to concentrate on the daily execution within both of our businesses. Within our Industrial Group, we will strive to improve efficiencies, reduce production cycle time and increase capacity while meeting rising customer demand as the commercial vehicle market upturn continues in 2014. Our Electronics Group will continue to face near-term revenue challenges until such time as new programs, products and cyber related services achieve sufficient traction to offset the ongoing defense spending uncertainty.”
News For SYPR From The Last 14 Days
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December 4, 2014
11:31 EDTSYPRSypris Solutions, Meritor expand strategic relationship
Sypris Technologies, a subsidiary of Sypris Solutions (SYPR), announced that it has entered into an agreement to extend and expand its long-term supply relationship with Meritor (MTOR) to provide drivetrain components for its drive axle and trailer axle assembly operations in North America. The arrangement extends two existing supply contracts, as well as adds new products and services. Components for these agreements are produced at Sypris’ operations located in Louisville, Kentucky and Morganton, North Carolina. Terms of the agreements were not disclosed.

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