Sypris Solutions, Inc. (NASDAQ:SYPR) is reporting third quarter earnings results on Thursday 12th November 2020, before market open.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 95.00 million ~ $ 105.00 million
Click Here For More Historical Outlooks Of Sypris Solutions, Inc.
Previous Quarter Performance
Sypris Solutions, Inc. disclosed loss for the second quarter of $ 0.02 per share, from the revenue of $ 17.15 million. Street analysts expected $ 20.70 million. The top line results fell short of analysts by $ 3.55 million or 17.15 percent.
Stock Performance
Shares of Sypris Solutions, Inc. traded up $ 0.03 or 2.44 percent on Wednesday, reaching $ 1.26 with volume of 188.90 thousand shares. Sypris Solutions, Inc. has traded high as $ 1.30 and has cracked $ 1.24 on the downward trend
The closing price of $ 1.26, representing a 127.78 % increase from the 52 week low of $ 0.54 and a 42.79 % decrease over the 52 week high of $ 2.15.
The company has a market capital of $ 26.94 million and is part of the Consumer Cyclical sector and Auto Parts industry.
Conference Call
Sypris Solutions, Inc. will be hosting a conference call at 9:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sypris.com
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.