{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001632","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.780895+00:00","generated_at":"2026-06-21T17:52:32.787025+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sypris Q3 net loss of $2.2M; backlog tops $100M; 2022 revenue view lowered to 15-20% growth","bullets":["Q3 revenue $25.2M (-2% YoY); net loss $2.2M vs net income $0.3M in Q3 2021.","Backlog exceeds $100M, up 99% YoY; Sypris Electronics orders rose 75%.","Gross margins fell: Technologies 6.3% (down from 12.6%), Electronics 11.0% (down from 20.8%).","2022 revenue growth guidance lowered to 15-20% from prior; 2023 revenue forecast at +20-25%.","New awards: Navy program up to $77M, Permian Pipeline closures, UK closure line IP acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001632","json":"https://secwatch.observer/filing/0001157523-22-001632.json","markdown":"https://secwatch.observer/filing/0001157523-22-001632.md","text":"https://secwatch.observer/filing/0001157523-22-001632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000115752322001632/0001157523-22-001632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000115752322001632/a52969394.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:52:32.787025+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03b4bd50772840a96c257967a13f9cd397399030","claim":"SYPRIS SOLUTIONS INC reported nine months ended October 2, 2022 results: revenue $80.4 million, net income net loss of $2.6 million, EPS $0.12 per share.","evidence_excerpt":"For the nine months ended October 2, 2022, the Company reported revenue of $80.4 million compared with $71.6 million for the first nine months of 2021. The Company reported a net loss of $2.6 million, or $0.12 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752322001632/0001157523-22-001632-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended October 2, 2022"},{"label":"Revenue","value":"$80.4 million"},{"label":"Net income","value":"net loss of $2.6 million"},{"label":"EPS","value":"$0.12 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"67d23b2880add914e277c32f198bbc2173531675","claim":"SYPRIS SOLUTIONS INC reported third quarter ended October 2, 2022 results: revenue $25.2 million, net income net loss of $2.2 million, EPS $0.10 per share. Guidance lowered.","evidence_excerpt":"The Company reported revenue of $25.2 million for the third quarter of 2022, compared to $25.7 million for the prior-year comparable period. Additionally, the Company reported a net loss of $2.2 million, or $0.10 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752322001632/0001157523-22-001632-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 2, 2022"},{"label":"Revenue","value":"$25.2 million"},{"label":"Net income","value":"net loss of $2.2 million"},{"label":"EPS","value":"$0.10 per share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}