{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000852","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.470369+00:00","generated_at":"2026-06-15T00:20:43.321615+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sypris Q1 revenue up 23% to $32.3M; net loss $0.2M vs profit year ago","bullets":["Orders rose 74% YoY; backlog hit $131.6M, up 121% from prior year.","Sypris Electronics revenue +42% to $12.8M; backlog up 125% to $131.6M.","Sypris Technologies revenue +13.7% to $19.5M; gross margin fell to 13.5% from 18.3% on FX and mix.","Full-year outlook: revenue growth 25-30%; gross margin expansion of 150-200 bps despite FX headwinds.","New awards: DoD missile module, U.S. Navy power supply, Detroit Diesel driveline, and UTV drivetrain components."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000852","json":"https://secwatch.observer/filing/0001157523-23-000852.json","markdown":"https://secwatch.observer/filing/0001157523-23-000852.md","text":"https://secwatch.observer/filing/0001157523-23-000852.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000115752323000852/0001157523-23-000852-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000115752323000852/a53400770.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:20:43.321615+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":"fd7077e3a636c201b91956b89cff6498e578494a","claim":"SYPRIS SOLUTIONS INC reported first quarter ended April 2, 2023 results: revenue $32.3 million, net income net loss of $0.2 million, or $0.01 per share, EPS $0.01 per diluted share. Guidance reaffirmed.","evidence_excerpt":"The Company reported revenue of $32.3 million for the first quarter of 2023, compared to $26.2 million for the prior-year comparable period. Additionally, the Company reported a net loss of $0.2 million, or $0.01 per share, as compared to net income of $0.2 million, or $0.01 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/864240/000115752323000852/0001157523-23-000852-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"$32.3 million"},{"label":"Net income","value":"net loss of $0.2 million, or $0.01 per share"},{"label":"EPS","value":"$0.01 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}