Brief: Sypris Reports Q1 Loss Per Share $0.01

Sypris Solutions

20/05/2020 12:49

May 20 (Reuters) - Sypris Solutions Inc  SYPR.O :
    * SYPRIS REPORTS FIRST QUARTER RESULTS
    * Q1 LOSS PER SHARE $0.01
    * Q1 REVENUE $22.4 MILLION VERSUS $19.6 MILLION
    * OUR BUSINESS WAS NOT MATERIALLY IMPACTED BY COVID-19
DURING
PERIOD UNTIL VERY LATE IN QUARTER
    * EXTENT AND DURATION OF IMPACTS THAT COVID-19 MAY HAVE ON
OUR
BUSINESS ARE NOT KNOWN AT THIS TIME
    * BEGAN TO EXPERIENCE LOWER REVENUE LATE IN Q1 DUE TO GLOBAL
ECONOMIC IMPACT OF COVID-19 PANDEMIC
    * EXPECTS THIS IMPACT TO INCREASE DURING COMING MONTHS

Source text for Eikon:  ID:nBw8MK2mva 
Further company coverage:  SYPR.O 

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