secwatch.observer — SEC 8-K summary
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Issuer:     SYPRIS SOLUTIONS INC (SYPR)
CIK:        0000864240
Form:       8-K
Filed at:   2026-05-19T11:50:12+00:00
Accession:  0001437749-26-017690
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sypris Q1 revenue $25.8M, net loss $4.1M; orders jump 28% at Electronics
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- Net loss of $4.1M ($0.18/share) vs. $0.9M loss ($0.04/share) a year ago; includes $2.4M of higher expenses for healthcare, scrap, excess inventory.
- Revenue fell to $25.8M from $29.5M amid material availability issues and customer design changes at Sypris Electronics ($13.4M vs. $15.9M).
- Sypris Technologies revenue $12.4M (down from $13.6M) on commercial vehicle market downturn; energy product orders rose 31% YoY.
- Electronics orders up 28% YoY and 269% sequentially, driven by missile, defense aviation, and subsea fiber-optic programs.
- Awarded follow-on Orion spacecraft contract and long-term sole-source agreements for heavy truck transmissions and drivetrain components.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/864240/000143774926017690/0001437749-26-017690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/864240/000143774926017690/sypr20260518_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017690

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