Overview

* Sypris Q3 revenue falls to $28.7 mln, impacted by tariffs and transportation demand

* Sypris Electronics orders rise 65% YTD, boosting backlog by 14% from year-end 2024

* Company completes sale-leaseback, generating $2.9 mln in proceeds and $2.5 mln gain

Outlook

* Company expects challenging environment to continue into early next year due to tariffs

* Sypris sees strong backlog and new program wins offsetting some revenue declines

* Company anticipates revenue decline due to inventory drawdowns and shipment conversions

Result Drivers

* TARIFF IMPACT - Revenue decline attributed to tariffs affecting transportation-related demand and necessitating shipment conversion

* ELECTRONICS ORDERS - Sypris Electronics orders increased 65% YTD, driving backlog up 14% from year-end 2024

* SALE-LEASEBACK TRANSACTION - Completed sale-leaseback of Louisville facility, generating $2.9 mln in proceeds and $2.5 mln gain

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $28.67

Revenue mln

Q3 Net $517,000

Income

Q3 Gross $2.05

Profit mln

Q3 -$1.74

Operatin mln

g Income

Q3 $351,000

Pretax

Profit

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)