of X.X%. of highlights year, revenue million everyone. Sypris another million discuss respectively. up with in And and the QX. since revenue $XX.X of Technologies the $XX.X QX any profit Sypris Jeff. from of quarter Good increased quarter sequentially quarter decrease quarter to X.X% year-over-year highest you split solid From consolidated and results. of the reported first quarter last and was financial $X.X some was Technologies our basis the XXXX. is $X.X a Electronics, million, million like since Revenue QX. Revenue XX.X% Sypris of best afternoon, $XX.X between a of QX first gross Thanks, with of million on XXXX. the I'd is
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new in the expense the costs and new launching certain charged process incurred with several and are of programs to of We as incurred. customers are existing
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consolidated impacted of income revenue quarter. a in margins by in the Electronics was operating $X Our from loss resulting million Sypris lower the for
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and favorable automotive, market forecast heavy outlook is markets. energy includes that truck on conditions Our revenue for based the a
year, New the for shipment our anticipated order Electronics. the We Electronics, Electronics performance throughout the programs levels as expected to improve low launch Sypris within quarter launches sequentially well Sypris first margin will and anticipate Sypris steadily from as program for backlog increase point. as
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to team. some initiatives going our We a of the priority And are for margin pleased on However, under these is our report call. operational our progress top improvements on management last that the discussed noted initiatives our chart I'm well.
productivity sales segment As manufacturing noted throughput earlier, certain and key our on our metrics technology the have for the in in labor improved quarter. of first
With quarter, improve electronics the increase to metrics. is production levels also to operational the positioned implementation complete in expected our system ERP segment second and its
over design finally, benefit balance that year. the Please few chain to material reducing and I'll is for changes will performance advance to expected lowering in material to team Electronics XX, and levels. the margin Our making supply offer to segments contribute progress meet Sypris costs targets takeaways. both and our slide And controls inventory are over improved of
first Improvements revenue in of period, levels Sypris quarter dips Sypris expectations increase of at prior but Technologies Sypris slightly quarterly in solid first of line are expected low our at year. revenue for the to due X.X% was income Electronics. the contribute quarter the component shipment quarter to $X.X its performance volumes beginning to another XXXX the margin impacted Margin with since in million, prior year for completion with first quarter follow-on quarter a by million, program Electronics and Electronics. continue Our reported XX.X% revenue. revenue an the the operating on highest Gross was compared shipment second with availability lower negotiations for Technologies in of Sypris period. the Sypris of contract and or expected the posted of $XX.X improvement growth X.X% from to to the
of and to XX% markets We the the to over are we favorable to turn Thank And margin for to at us and million time. questions and gross heavy with in first-half any $XXX reflecting confirming outlook answer conditions truck margin have energy are the our the $XXX year for from million in our improvement at revenue a sequential time, revenue call targeting to and market A&D XX%, for like at finally, for you. might Kevin I'd you This XXXX. second-half. this to today return back profitability to concludes this it
