---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-21-001045"
form_type: "8-K"
ticker: "SYPR"
cik: "0000864240"
company_name: "SYPRIS SOLUTIONS INC"
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T14:19:36.719270+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sypris Solutions Q2 revenue up 51% to $26M; EPS $0.17 vs -$0.02; raises FY 2021 outlook

## Summary
- Revenue $26M (+51% YoY, +30% sequentially); gross margin 16.6% vs 12.4% prior year.
- Net income $3.8M ($0.17 diluted EPS) vs net loss $0.3M (-$0.02); includes $3.6M PPP loan forgiveness gain.
- Raises FY 2021 revenue growth outlook to 30-35% YoY (prior 25-30%); expects H2 gross margin expansion of 300-400 bps.
- Sypris Technologies revenue $17.1M (+130% YoY); Sypris Electronics $8.8M (-9% YoY) but backlog up 29%.
- Cash flow from operations expected to increase significantly; backlog for Sypris Electronics highest in 11 years, deliveries into 2022.

## SEC filing metadata
- accession: 0001157523-21-001045
- form_type: 8-K
- ticker: SYPR
- cik: 0000864240
- company_name: SYPRIS SOLUTIONS INC
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/864240/000115752321001045/0001157523-21-001045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/864240/000115752321001045/a52475747.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-21-001045
- JSON: https://secwatch.observer/filing/0001157523-21-001045.json
- Plain text: https://secwatch.observer/filing/0001157523-21-001045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.