Sypris Q2 revenue down 12% to $31.4M; net loss $2.1M; Electronics orders surge 110%

SYPRIS SOLUTIONS INC

2025-Q2 EPS reported -$0.13 revenue$60,934,000

Revenue $31.4M vs $35.5M prior-year; net loss $2.1M ($0.09 per share) vs breakeven.
Sypris Electronics orders up 110% to $47M, backlog up 26% from year-end 2024.
Sypris Technologies revenue $14.1M, down 21% YoY due to tariffs and cyclical commercial vehicle decline.
Gross margin compressed: Electronics 2.5% (vs 16.5% prior), Technologies flat at 15.2%.
New awards: DoD secure communications, Navy electronic warfare, subsea comms, and EV drivetrain components.

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