{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001736","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.183605+00:00","generated_at":"2026-06-08T02:57:51.457062+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sypris Q3 revenue up 33% to $33.6M; net loss narrows; 2024 revenue seen +15-20%","bullets":["Revenue $33.6M (+33.3% YoY); net loss $0.6M ($0.03/sh) vs $2.2M loss ($0.10/sh) prior.","Sypris Electronics rev +73.5%, margin +710bps to 18.1%; Technologies rev +13.8%, margin +120bps to 7.5%.","Backlog +8.4% YoY; new orders: Atoka pipeline, Venture Global LNG, follow-on stealth aircraft modules.","FY2023 guide: revenue +25% (low end); FY2024 guide: rev +15-20%, gross profit +25-30%, margins +150-200bps.","Mexican peso strength negatively impacted Q3 gross profit by $0.8M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001736","json":"https://secwatch.observer/filing/0001157523-23-001736.json","markdown":"https://secwatch.observer/filing/0001157523-23-001736.md","text":"https://secwatch.observer/filing/0001157523-23-001736.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001736/0001157523-23-001736-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001736/a53835651.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:57:51.457062+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":"0f34ffcff13e5cabf87dd570a8f55c6f0f69fc26","claim":"SYPRIS SOLUTIONS INC reported third quarter ended October 1, 2023 results: revenue $33.6 million, net income net loss of $0.6 million, EPS $0.03 per share.","evidence_excerpt":"The Company reported revenue of $33.6 million for the third quarter of 2023, compared to $25.2 million for the prior-year comparable period. Additionally, the Company reported a net loss of $0.6 million, or $0.03 per share, compared to a net loss of $2.2 million, or $0.10 per share for the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001736/0001157523-23-001736-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 1, 2023"},{"label":"Revenue","value":"$33.6 million"},{"label":"Net income","value":"net loss of $0.6 million"},{"label":"EPS","value":"$0.03 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2e37279adbb5ffaa0a2a77947691d9d35156a239","claim":"SYPRIS SOLUTIONS INC reported 2024 results: revenue 15-20%. Guidance initiated.","evidence_excerpt":"Revenue for 2024 is forecast to increase 15-20%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001736/0001157523-23-001736-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"Revenue","value":"15-20%"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"622bdcc8d3ffc05c762d6afbf8f9423a05000fa8","claim":"SYPRIS SOLUTIONS INC reported full-year 2023 results: revenue 25% year-over-year. Guidance lowered.","evidence_excerpt":"The Company updated its full-year outlook for 2023, with revenue now expected to increase 25% year-over-year, at the lower end of our prior guidance due to customer design changes.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864240/000115752323001736/0001157523-23-001736-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Revenue","value":"25% year-over-year"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}