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Sypris Solutions Inc   (SYPR)
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Sypris Solutions Inc

SYPR's Financial Statements and Analysis



Sypris Solutions Inc narrowed third quarter of 2023 net loss per share of $-0.03 compare to net loss per share of $-0.10 recorded in the same quarter a year ago a decrease from $0.01 eps realized in II. Quarter (Jul 02 2023).


third quarter of 2023
Earnings Per Share Revenues
$ -0.03 $  33 Mill
$+0.07     $+8M     +32.31 %



Sypris Solutions Inc 's Revenue rose by 32.31 % in third quarter of 2023 (Oct 01 2023) year on year, to $33 million and declined by -7.23 % sequentially.


Sypris Solutions Inc is

More on SYPR's Income Statement



Sypris Solutions Inc 's in thethird quarter of 2023 recorded net loss of $-0.555 million, an improvement compare to net loss of $-2.242 million in III. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.213 million in the previous quarter.

More on SYPR's Growth

Sypris Solutions Inc Inventories
Inventories grew by 117.95 % to $77 million from III. Quarter a year ago, sequentially inventories rose by 19.7 %. In Oct 01 2023 company's net cash and cash equivalents decreased by $-12 million, capital expenditures grew by -0.971-62.51%, to $0 millions compare to same quarter a year ago

More on SYPR's Cash flow Statement


Sypris Solutions Inc does not pay out common stock dividend.

In trailing twelve-month period Sypris Solutions Inc payed $ -0.12 cash per share, on a free-cash flow basis .

Book value fell by -1.78 % sequentially to $0.98 per share, -75.25% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.98 per share from $ 1.00.

Company repurchased 0.57 million shares or 2.52 % in Oct 01 2023.
Interest Coverage Ratio was 1.4. Debt Coverage Ratio was 0.25.

More on SYPR's Dividends

 Market Capitalization (Millions) 40
 Shares Outstanding (Millions) 22
 Total Debt (Millions $) 4
 Revenue (TTM) (Millions $) 130
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 735




Sypris Solutions Inc does not pay out common stock dividend.

In trailing twelve-month period Sypris Solutions Inc had negative $ -0.12 cash flow per share, on a free-cash flow basis .

Book value fell by -1.78 % sequentially to $0.98 per share, -75.25% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.98 per share from $ 1.00.

Company repurchased 0.57 million shares or 2.52 % in Oct 01 2023.
Interest Coverage Ratio was 1.4. Debt Coverage Ratio was 0.25.

More on SYPR's Balance Sheets

 Market Capitalization (Millions) 40
 Shares Outstanding (Millions) 22
 Total Debt (Millions $) 4
 Revenue (TTM) (Millions $) 130
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 735
   


  News about Sypris Solutions Inc Earnings

Headline: Sypris Solutions Inc Defies Sector Challenges with Robust 32.313% Top-line Rise

Sypris Solutions Inc, a company in the Electronic In...

Sypris Solutions Inc. Sets a New Industry Standard with Exceptional Performance in Fiscal Q3 2023

Sypris Solutions Inc, a company in the Electronic Instruments and Controls sector, recently reported its fiscal period closing on July 2, 2023. While the company's EPS remained steady at $0.01 per share compared to the previous year, it did experience a positive turnaround from -$0.01 per share in the previous reporting season. This improvement may appear positive at first glance, but a deeper analysis reveals some concerning trends.
One of the most notable aspects of Sypris Solutions' recent performance is its significant revenue increase. The company's revenue jumped by an impressive 36.112% to $35.62 million from $26.17 million in the same reporting season a year ago. Furthermore, sequentially, revenu...

SYPR's Financial Performance in Q1 2023: Impressive Revenue Growth Amidst Concerning Profit Decline

The recent announcement by the Electronic Instruments and Controls company that it has experienced a surge in revenue by 28.148% to $32.29 million appears to be good news. However, a closer look at the financial report reveals that the company has lost money at $-0.01 per share, which should cause a major concern for investors.
Despite the increase in revenue, the company's Income per Share fell from $0.01 per share, indicating a negative shift in profitability. This could be an indication that the company's cost of running its operations has significantly increased, or that its profit margins have decreased. Either way, this does not bode well for Electronic Instruments and Controls and is a sign that i...


Date modified: 2023-11-17T20:45:17+00:00





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