Sypris Solutions (NASDAQ:SYPR) Announces Earnings Results

Sypris Solutions (NASDAQ:SYPR) announced its quarterly earnings data on Wednesday. The auto parts company reported $0.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.06, Morningstar.com reports. The firm had revenue of $24.44 million for the quarter. Sypris Solutions had a negative return on equity of 36.94% and a negative net margin of 4.58%. Sypris Solutions updated its FY 2019 guidance to EPS.

SYPR traded down $0.01 during mid-day trading on Thursday, reaching $0.92. The stock had a trading volume of 2,721 shares, compared to its average volume of 7,224. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.50. The stock has a fifty day moving average price of $0.87. Sypris Solutions has a 52 week low of $0.70 and a 52 week high of $1.75.

About Sypris Solutions

Sypris Solutions, Inc provides truck components, oil and gas pipeline components, and aerospace and defense electronics in the United States and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets.

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Earnings History for Sypris Solutions (NASDAQ:SYPR)

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