Sypris Solutions (SYPR) Reports Q3 Loss of $0.10/sh
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Sypris Reports Third Quarter Results
November 16, 2022 7:45 AM ESTBacklog Up 92%; Sales Growth Forecast Up For 2023
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 2, 2022.
HIGHLIGHTS
Orders for Sypris Electronics increased 75% during the third quarter compared to the same period in 2021, driving firm backlog up in excess of $100 million, representing a 99% increase over the prior-year period and 86% year-to-date. Orders for Sypris Technologies energy products increased 33% during the third quarter compared to the same period in 2021, pushing backlog up... More
