earnings
confidence high
sentiment negative
materiality 0.80
Sypris Q1 revenue down 17% to $29.5M, net loss narrows to $0.9M; withdraws 2025 guidance
SYPRIS SOLUTIONS INC
2025-Q1 EPS reported
-$0.04
revenue$29,508,000
- Revenue $29.5M vs $35.6M YoY; net loss $0.9M ($0.04/share) vs $2.2M loss ($0.10) prior year.
- Gross profit up 16.7%, margin +330 bps; Sypris Electronics gross profit +51.1% YoY.
- Sypris Technologies revenue $13.6M (down from $18.4M) due to commercial vehicle decline and sub-maquiladora shift.
- Backlog at Sypris Electronics >$80M (>1 year sales); energy products orders elevated, backlog up 32.8% from year-end.
- Company withdraws 2025 financial guidance citing macroeconomic uncertainty and potential tariff impact.