Sypris Reports First Quarter Results

by: , Atlantic Wire
December 31, 1969

Category: Syndicated Industry News | RSS 2.0

LOUISVILLE, Ky.–(BUSINESS WIRE)–Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its first quarter ended April 4, 2010. The results of the Company’s Test & Measurement segment, which was divested on October 26, 2009, have been excluded from historical results from continuing operations and reclassified as discontinued operations. HIGHLIGHTS Gross margin increased to 9.6% of revenue, up from 0.8% in the first quarter of last year and up from 8.8% sequentially fo

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