Sypris Solutions Third Quarter 2024 Earnings: EPS: US$0.018 (vs US$0.025 loss in 3Q 2023)

Sypris Solutions (NASDAQ:SYPR) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$35.7m (up 6.2% from 3Q 2023).
• Net income: US$390.0k (up from US$555.0k loss in 3Q 2023).
• Profit margin: 1.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.018 (up from US$0.025 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sypris Solutions' share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Sypris Solutions (1 is significant!) that you need to be mindful of.

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