Sypris Solutions, Inc. provided earnings guidance for the year 2024. The outlook for 2024 remains positive, with revenue now expected to increase 10% to 15% year-over-year, reflecting the continued momentum of new contract awards and strong backlog across many of the Company?s markets. The company expects gross profit to increase 20% to 25% for 2024, while gross margin is forecast to expand 150-175 basis points on a year-over-year basis.
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5-day change | 1st Jan Change | ||
1.33 USD | -0.75% | -1.48% | -34.48% |
May. 15 | Earnings Flash (SYPR) SYPRIS SOLUTIONS Reports Q1 Revenue $35.6M | MT |
May. 15 | Sypris Solutions, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
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-34.48% | 30.51M | |
+24.31% | 49.3B | |
-8.67% | 22.34B | |
+16.26% | 19.84B | |
+27.60% | 16.94B | |
-4.01% | 15.1B | |
-17.45% | 13.65B | |
-19.11% | 13.55B | |
+36.40% | 11.9B | |
+39.02% | 10.92B |
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