Detail akcie Sypris Solution online

Business Summary: Sypris Solutions, Inc. is a diversified manufacturing and engineering services company serving the defense, transportation, communications, and energy industries. The Company is a provider of truck components, oil and gas pipeline components and aerospace and defense electronics. Its segments include Sypris Technologies, Inc. (Sypris Technologies) and Sypris Electronics, LLC (Sypris Electronics). Sypris Technologies is a supplier of forged and machined components, serving the commercial vehicle, off highway vehicle, recreational vehicle, automotive, industrial and energy markets in North America. Sypris Technologies manufactures energy-related products, such as pressurized closures, insulated joints, and other specialty products, primarily for oil and gas pipelines. Sypris Electronics segment is engaged in circuit card and full box build manufacturing and design for manufacturability and design to specification, for customers in the aerospace and defense electronics markets.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Sypris Solutions Inc revenues increased 24% to $136.2M. Net loss decreased 36% to $1.6M. Revenues reflect Sypris Electronics segment increase of 43% to $58.3M, Sypris Technologies segment increase of 13% to $77.9M, Foreign segment increase of 11% to $56.8M. Lower net loss reflects Sypris Electronics segment income increase of 27% to $3.5M, Sypris Technologies segment income increase of 4% to $3.3M.