{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000446","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.307504+00:00","generated_at":"2026-06-18T01:23:42.125012+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sypris Q4 revenue up 15% to $29.7M, backlog jumps 117%, raises 2023 outlook","bullets":["Q4 revenue $29.7M (+15.2% YoY); net income $0.1M ($0.01 diluted EPS) vs $0.4M ($0.02) prior year.","Full-year revenue $110.1M; net loss $2.5M ($0.11 loss per share) vs net income $2.9M ($0.13) in 2021 (incl. $3.6M PPP gain).","Record backlog $118.5M, up 117% YoY; orders +102.7% YoY; Sypris Electronics backlog +119.5% to $118.5M.","2023 outlook raised: revenue expected to increase 25-30% YoY, margin expansion 175-225 bps, positive cash flow.","New awards: $77M Navy program amendment, DOD missile system award, Detroit Diesel driveline components."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000446","json":"https://secwatch.observer/filing/0001157523-23-000446.json","markdown":"https://secwatch.observer/filing/0001157523-23-000446.md","text":"https://secwatch.observer/filing/0001157523-23-000446.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000115752323000446/0001157523-23-000446-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000115752323000446/a53361970.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T01:23:42.125012+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":"b022019341e2358973bbdd4d1fa826c743704a5b","claim":"SYPRIS SOLUTIONS INC reported the fourth quarter and full-year ended December 31, 2022 results: revenue $29.7 million, net income $0.1 million, EPS $0.01 per diluted share. Guidance raised.","evidence_excerpt":"The Company reported revenue of $29.7 million for the fourth quarter ended December 31, 2022, compared to $25.8 million for the prior-year period. Net income was $0.1 million, or $0.01 per diluted share, compared to $0.4 million, or $0.02 per diluted share, for the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752323000446/0001157523-23-000446-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full-year ended December 31, 2022"},{"label":"Revenue","value":"$29.7 million"},{"label":"Net income","value":"$0.1 million"},{"label":"EPS","value":"$0.01 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}