Sypris Solutions reports Q2 EPS 0c vs. 1c last year

Reports Q2 revenue $35.52M vs. $35.62M last year. “We were pleased with the year-over-year revenue growth at Sypris Electronics,” commented Jeffrey Gill, President and Chief Executive Officer. “The backlog at Sypris Electronics exceeds $100 million and is expected to support growth through the remainder of 2024 and beyond. Customer funding has already been secured for a portion of these key programs, which enables us to procure inventory under multi-year purchase orders to mitigate future supply chain issues.”