{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001329","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.816641+00:00","generated_at":"2026-06-11T09:50:01.665696+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sypris Q2 revenue +23% to $35.6M; EPS $0.01 vs -$0.03; backlog +26%","bullets":["Revenue $35.6M, net income $0.2M ($0.01 diluted EPS) vs net loss $0.6M (-$0.03) a year ago.","Sypris Electronics revenue +40% to $15.6M; Sypris Technologies +12% to $20.1M.","Backlog increased 25.5% YoY; Electronics backlog +25%, Technologies energy products +38%.","FY 2023 revenue growth 25-30% reaffirmed; gross margin expansion guidance cut to 75-125 bps due to Mexican peso.","New awards: U.S. Navy power modules, UTV drivetrain components, Atoka pipeline, Venture Global LNG closures."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001329","json":"https://secwatch.observer/filing/0001157523-23-001329.json","markdown":"https://secwatch.observer/filing/0001157523-23-001329.md","text":"https://secwatch.observer/filing/0001157523-23-001329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001329/0001157523-23-001329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001329/a53530154.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:50:01.665696+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":"7911178c4674067478eca39cfede2867f111c8ec","claim":"SYPRIS SOLUTIONS INC reported second quarter ended July 2, 2023 results: revenue $35.6 million, net income $0.2 million, EPS $0.01 per diluted share. Guidance reaffirmed.","evidence_excerpt":"The Company reported revenue of $35.6 million for the second quarter of 2023, compared to $29.0 million for the prior-year comparable period. Additionally, the Company reported net income of $0.2 million, or $0.01 per diluted share, compared to a net loss of $0.6 million, or $0.03 per share for the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001329/0001157523-23-001329-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 2, 2023"},{"label":"Revenue","value":"$35.6 million"},{"label":"Net income","value":"$0.2 million"},{"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"}