tradingkey.logo

CORRECTED-Sypris Solutions' Q2 revenue falls 11% on tariff impact

ReutersAug 12, 2025 12:13 PM


Overview

  • Sypris Q2 revenue falls to $31.4 mln, down from $35.5 mln last year

  • Company reports Q2 net loss of $2.1 mln, compared to breakeven last year

  • Orders for Sypris Electronics surge 110% to $47 mln, boosting backlog 26%


Outlook

  • Company anticipates moderate production decrease in automotive and commercial vehicle markets

  • Sypris Electronics' strong backlog expected to offset revenue declines

  • Company exploring growth in LNG demand and CO2 capture markets

  • Sypris expects cyclical decline in commercial vehicle market to impact revenue


Result Drivers

  • TARIFF IMPACT - Revenue decline attributed to tariffs reducing demand from transportation customers and conversion to sub-maquiladora model

  • MATERIAL ISSUES - Gross profit affected by production inefficiencies and material availability issues for Sypris Electronics

  • ORDER SURGE - Sypris Electronics orders increased 110%, boosting backlog by 26%


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$31.43 mln

Q2 Net Income

-$2.05 mln

Q2 Gross Profit

$2.58 mln

Q2 Operating Income

-$1.44 mln

Q2 Pretax Profit

-$2.05 mln

Press Release: ID:nBw5V7WWMa

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI