Good day, and welcome to the Sypris Solutions, Inc. Conference Call. Today's call is being recorded. And at this time, for opening remarks, I would now like to turn the call over to President and Chief Executive Officer, Mr. Jeffrey Gill. Please go ahead, sir.

Thank you, Chad, and good morning, everyone. Tony Allen and I would like to welcome you to this call, the purpose of which is to review the company's financial results for the Second Quarter of 2021. For those of you who have access to our PowerPoint presentation this morning, please advance to slide 2 now. We always begin these calls with a note that some of what we might discuss here today may include projections and other forward-looking statements. No assurance can be given that these projections and statements will be achieved, and actual results could differ materially from those projected as a result of several factors. These factors are included in the company's filings with the Securities and Exchange Commission. And in compliance with Regulation G, you can access our website at sypris.com to review the definitions of any non-GAAP financial measures that may be discussed during this call. With these qualifications in mind, we'd now like to proceed with the business discussion. Please advance to slide 3. I will lead you through the first half of our presentation this morning, starting with an overview of the highlights for the quarter to be followed by an update on the outlook for each of our primary markets. Tony will then provide you with a more detailed review of our financial results for the quarter. Now let's begin with the overview on slide 4. We are pleased to report that revenue increased 51% year-over-year and 30% sequentially. The year-over-year improvement was driven by Sypris Technologies with revenue for the period exceeding all quarterly results reported during the past five years. On a sequential basis each of our markets contributed to the strong double-digit growth of our consolidated results, thereby, providing an important barometer for the future performance of our business. Gross…

Thanks Jeff and good morning everyone. I'd like to discuss with you some of the highlights of our second quarter financial results. Please advance to slide 12. Q2 consolidated revenue was $26 million, an increase of $8.8 million or 51.4% from the second quarter of last year. The year-over-year increase in revenue contributed to consolidated gross profit of $4.3 million for the quarter, more than double, the $2.1 million reported in the prior year period. Consolidated gross margin was 16.6% for the second quarter, up 420 basis points from the prior year with both segments reporting margin improvements for the quarter. Revenue for Sypris Technologies increased, 130% to $17.1 million from $7.4 million a year ago, while gross profit increased $2.3 million and gross margin improved 1,150 basis points to 14.6% in Q2. The COVID-19 pandemic had a significant impact on this segment of our business in the second quarter of 2020. And the year-over-year comparisons highlight the turnaround in demand, for our commercial vehicle, automotive and off-road components that started in the second half of 2020 and further accelerated in the first half of 2021. With the benefit of an expanding economy and the diversification, we've achieved with new programs, Q2 revenue for Sypris Technologies surpassed the pre-pandemic quarterly levels, reached during 2019 and Q1 of 2020, to report our highest revenue since Q1 of 2016. Based on industry forecasts, we expect to see commercial vehicle demand continue to increase in the second half of 2021 and further, into 2022. Our current customer order boards are falling in line with these forecasts. And we are developing and executing our business plans to capitalize on this surge in demand. Our energy product shipments improved in the second quarter from a low-Q1 and posted a slight increase in revenue year-over-year. The…

Thank you, Tony. We'd like to thank you for joining us on the call this morning. We are looking forward to a year of double-digit growth expanding margins and increased profitability. And please note we certainly appreciate your continued interest in our business. Thank you and have a good day.

The conference has now concluded. Thank you for attending today's presentation. You may now disconnect your lines. End of Q&A: