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 | ||
1.34 USD | +2.29% | 0.00% | -33.99% |
01/04 | Earnings Flash (SYPR) SYPRIS SOLUTIONS Reports Q4 Revenue $34.7M | MT |
01/04 | Sypris Solutions, Inc. Provides Earnings Guidance for the Year 2024 | CI |
1st Jan change | Capi. | |
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-33.99% | 30.51M | |
+22.24% | 48.55B | |
-7.74% | 22.52B | |
+29.45% | 20.68B | |
+35.73% | 17.83B | |
-4.22% | 14.92B | |
-18.11% | 13.48B | |
-20.85% | 13.11B | |
+34.67% | 12.1B | |
+36.99% | 10.73B |
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