Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
Sypris Electronics Posts 19% Growth in Q3 Revenue
November 16, 2017 | Sypris Solutions Inc.Estimated reading time: Less than a minute
Sypris Electronics, the electronics manufacturing services (EMS) arm of Sypris Solutions Inc., has reported revenue of $7.8 million in the third quarter ended October 1, 2017, up by 18.8% compared to the same period last year. Additionally, revenue from the CSS business was included in results of operations in 2016 until the time of sale, since the sale was not classified as a discontinued operation in our consolidated financial statements.
Gross profit for the quarter was $1.3 million compared to a gross loss of $0.2 million for the prior-year period, primarily reflecting a favorable mix in sales of higher-margin products on programs that began ramping in 2017, partially offset by an overall decrease in volumes as a result of the CSS sale.
During the quarter, Sypris Electronics has received multiple contract awards from Harris Corp. to manufacture a variety of mission-critical electronic assemblies for U.S. Military and Space programs.
For more information, click here.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
The Republic of Korea Selects L3Harris for Airborne Early Warning and Control Aircraft Program
10/20/2025 | BUSINESS WIREL3Harris Technologies has received a contract to deliver modified Bombardier Global 6500 airborne early warning and control (AEW&C) aircraft to the Republic of Korea Air Force.
Molex Announces Agreement to Acquire Smiths Interconnect
10/17/2025 | MolexMolex, a leading global electronics connectivity innovator, announced that it has signed an agreement to acquire Smiths Interconnect.
American Standard Circuits Achieves Successful AS9100 Recertification
10/14/2025 | American Standard CircuitsAmerican Standard Circuits (ASC), a leading manufacturer of advanced printed circuit boards, proudly announces the successful completion of its AS9100 recertification audit. This milestone reaffirms ASC’s ongoing commitment to the highest levels of quality, reliability, and process control required to serve aerospace, defense, space, and other mission-critical industries.
Kodiak Assembly Solutions Renews ITAR Registration, Providing Secure and Compliant Manufacturing for Defense & Aerospace
09/25/2025 | Kodiak Assembly SolutionsKodiak Assembly Solutions LLLP, a leading electronics contract manufacturer, has successfully renewed its ITAR (International Traffic in Arms Regulations) registration.
Cyient DLM, A Voice from the Frontlines
09/24/2025 | Arpita Das, Global Electronics AssociationOnce seen as a low-cost, build-to-print destination, India’s EMS sector is rapidly emerging as a global hub for high-reliability electronics, particularly in strategic sectors like aerospace, defense, and medical. As such, we highlight some companies that exemplify the strength and potential of Indian manufacturing.