Brief: Sypris Q3 Loss Per Share $0.11

Sypris Solutions

13/11/2018 12:49

Nov 13 (Reuters) - Sypris Solutions Inc  SYPR.O :
    * SYPRIS REPORTS THIRD QUARTER RESULTS
    * Q3 LOSS PER SHARE $0.11
    * Q3 REVENUE $21.1 MILLION VERSUS $21.4 MILLION
    * SEES Q4 2018 REVENUE $24 MILLION TO $26 MILLION
    * INITIAL OUTLOOK FOR 2019 INCLUDES REVENUE OF $105-$110
MILLION
    * Q4 GROSS PROFIT IS FORECASTED TO BE IN RANGE OF 13%-15% OF
REVENUE
    * SEES 2019 GROSS MARGIN OF 15%-17%
    * QTRLY GROSS MARGIN INCREASED TO 5.7% OF REVENUE, UP 220
BASIS
POINTS FROM Q3 OF 2017

Source text for Eikon:  ID:nBw8fKfmwa 
Further company coverage:  SYPR.O 

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