LOUISVILLE — Sypris Solutions today lowered its 2007 guidance, citing a $10 million shortfall in revenue from its Industrial division.
 
In an SEC filing, the EMS firm said it expects to lose 10 to 12 cents per share this year, compared with previous guidance of a 5 cent loss or flat earnings.

The company forecast 2007 revenue of $425 million to $430 million, compared with previous guidance of $435 million to $440 million.

For 2008, Sypris expects to return to profitability on revenue of $460 million to $480 million.