Sypris Solutions Files 8-K on Financials
Ticker: SYPR · Form: 8-K · Filed: Aug 13, 2024 · CIK: 864240
| Field | Detail |
|---|---|
| Company | Sypris Solutions Inc (SYPR) |
| Form Type | 8-K |
| Filed Date | Aug 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K, company-update
TL;DR
Sypris Solutions dropped an 8-K on August 13th detailing financials and operations.
AI Summary
Sypris Solutions, Inc. filed an 8-K on August 13, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company was formerly known as Group Technologies Corp until March 14, 1994.
Why It Matters
This 8-K filing provides investors with crucial updates on Sypris Solutions' financial performance and operational status, impacting investment decisions.
Risk Assessment
Risk Level: low — This filing is a standard 8-K reporting financial results and does not indicate any unusual or high-risk events.
Key Numbers
- 20240813 — Report Date (Date of earliest event reported)
- 19940314 — Name Change Date (Date of former company name change)
Key Players & Entities
- Sypris Solutions, Inc. (company) — Registrant
- Group Technologies Corp (company) — Former company name
- 0000864240 (company) — Central Index Key
- 61-1321992 (company) — IRS Employer Identification No.
- 101 Bullitt Lane, Suite 450 (company) — Principal Executive Office Address
- Louisville, Kentucky 40222 (company) — Principal Executive Office Location
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Sypris Solutions, Inc.'s results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements and exhibits.
When was Sypris Solutions, Inc. formerly known as Group Technologies Corp?
Sypris Solutions, Inc. was formerly known as Group Technologies Corp until March 14, 1994.
What is the principal executive office address of Sypris Solutions, Inc.?
The principal executive office address of Sypris Solutions, Inc. is 101 Bullitt Lane, Suite 450, Louisville, Kentucky 40222.
What is the Central Index Key (CIK) for Sypris Solutions, Inc.?
The Central Index Key (CIK) for Sypris Solutions, Inc. is 0000864240.
What is the IRS Employer Identification Number for Sypris Solutions, Inc.?
The IRS Employer Identification Number for Sypris Solutions, Inc. is 61-1321992.
Filing Stats: 671 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2024-08-13 07:50:08
Key Financial Figures
- $0.01 — nge on which registered Common Stock , $0.01 par value per share SYPR The Nasdaq
Filing Documents
- sypr20240812_8k.htm (8-K) — 28KB
- ex_712670.htm (EX-99) — 261KB
- pic1.jpg (GRAPHIC) — 11KB
- 0001437749-24-026158.txt ( ) — 452KB
- sypr-20240813.xsd (EX-101.SCH) — 3KB
- sypr-20240813_def.xml (EX-101.DEF) — 11KB
- sypr-20240813_lab.xml (EX-101.LAB) — 15KB
- sypr-20240813_pre.xml (EX-101.PRE) — 11KB
- sypr20240812_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On August 13, 2024, Sypris Solutions, Inc. (the "Company") announced its financial results for the second quarter ended June 30, 2024. The full text of the press release is set forth in Exhibit 99 hereto. The Company has also released certain supplemental financial information that can be accessed through the Company's website at http://www.sypris.com. The information in this Form 8-K and the attached Exhibit is being furnished pursuant to Item 2.02 "Results of Operations and Financial Condition" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. Section 7 – Regulation FD
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 13, 2024, Sypris Solutions, Inc. (the "Company") announced its financial results for the second quarter ended June 30, 2024. The full text of the press release is set forth in Exhibit 99 hereto. The Company has also released certain supplemental financial information that can be accessed through the Company's website at http://www.sypris.com. The information in this Form 8-K and the attached Exhibit as well as the supplemental information referenced above is being furnished pursuant to Item 7.01 "Regulation FD Disclosure" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. Section 9 – Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 99 Press release issued August 13, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 13, 2024 Sypris Solutions, Inc. By: /s/ Richard L. Davis Richard L. Davis Vice President & Chief Financial Officer