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USAP News and Press, Universal Stainless & Alloy Products Inc. From 02/03/23

Stock Information

Company Name: Universal Stainless & Alloy Products Inc.
Stock Symbol: USAP
Market: NASDAQ
Website: univstainless.com

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USAP - Universal Stainless to Present at Cowen's 44th Annual Aerospace/Defense & Industrials Conference on February 15th

- Presentation to be Webcast and Archived - BRIDGEVILLE, Pa., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates, Chairman, President and Chief Executive Officer, will present at the Cowen Inc. 44 th...

USAP - Universal Stainless & Alloy Products, Inc. (USAP) Q4 2022 Earnings Call Transcript

Universal Stainless & Alloy Products, Inc. (USAP) Q4 2022 Earnings Conference Call January 25, 2023, 10:00 AM ET Company Participants June Filingeri - CommPartners, IR Denny Oates - Chairman, President and CEO Steve DiTommaso - VP and CFO Conference Call Part...

USAP - Universal Stainless & Alloy Products Still Highly Leveraged To The Aero Recovery

Summary USAP's fourth quarter results were only slightly below my expectations, but misalignment between surcharges and material costs undermined gross profits. The backlog continues to grow, more than doubling from the prior year, as aerospace demand continues to recover. Aerospace...

USAP - Universal Stainless & Alloy Products GAAP EPS of -$0.41, revenue of $56.2M misses by $0.23M

Universal Stainless & Alloy Products press release ( NASDAQ: USAP ): Q4 GAAP EPS of -$0.41. Revenue of $56.2M (+30.0% Y/Y) misses by $0.23M . Record quarterly Premium Alloy sales of $13.5 million up 69% sequentially Q4 2022 Gross margin declines to $2.4 million, or...

USAP - Universal Stainless Reports Fourth Quarter 2022 Results

Q4 2022 Sales are $56.2 million, up 21.7% from Q3 2022, up 30% from Q4 2021, highest since Q1 2020 Record quarterly Premium Alloy sales of $13.5 million up 69% sequentially Q4 2022 Gross margin declines to $2.4 million, or 4.3% of sales, due to negative surcharge/raw material cost...

USAP - Universal Stainless & Alloy Products says it expects Q4 sales of $56.2M

Universal Stainless & Alloy Products ( NASDAQ: USAP ) said Thursday it expects to report net sales for the fourth quarter of $56.2 million, up 30% from last year. Q4 sales of premium alloys are expected to reach $13.5 million, or 24% of sales, helped mostly by a 27% sequential...

USAP - Universal Stainless Reports Preliminary Fourth Quarter 2022 Results

BRIDGEVILLE, Pa., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that, based on preliminary results, it expects to report net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 202...

USAP - Ascent Industries: Impressive Early Innings Turnaround

Summary Ascent Industries, formerly Synalloy Corporation, is an under the radar Small-Cap industrial in the midst of a major turnaround. ACNT has two different business lines. First being a metal tubular business, think infrastructure piping and stainless steel piping, and secondly spec...

USAP - Universal Stainless & Alloy Products Takes A Step Back As The Aerospace Recovery Cycle Lurches Forward In Fits And Starts

Summary Universal Stainless came up short in the third quarter, as internal issues drove weaker volumes and the company saw weaker operating leverage and some input cost mismatches. The commercial aerospace market is recovering, but the recovery has been erratic as OEMs contend wi...

USAP - Universal Stainless reaches new three-year labor agreement at its Dunkirk facility

Universal Stainless & Alloy Products ( NASDAQ: USAP ) on Tuesday said it had ratified a new three-year collective bargaining agreement with its hourly employees at its Dunkirk, N.Y. facility. The employees were represented by Local 2693-01 of the United Steelworkers, USAP ...

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