USAP News and Press, Universal Stainless & Alloy Products Inc. From 06/17/21

Universal Stainless & Alloy Products (USAP) raises a base price by 3% to 10% on all bar products.The move will be effective June 21, 2021 for all new orders.The current material and energy surcharges will remain in effect.Chris Zimmer, EVP and CCO: “.. Given the current inflationar...

Universal Stainless & Alloy Products, Inc. (USAP) Q1 2021 Earnings Conference Call April 21, 2021 10:00 AM ET Company Participants June Filingeri – President-Comm-Partners, LLC Denny Oates – Chairman, President and Chief Executive Officer Chris Zimmer – Executive Vice...

Universal Stainless & Alloy Products (USAP): Q1 Non-GAAP EPS of -$0.29 beats by $0.35; GAAP EPS of -$0.51.Revenue of $37M (-36.7% Y/Y) beats by $3.11M.Press Release For further details see: Universal Stainless & Alloy Products EPS beats by $0.35, beats on revenue

Q1 2021 Sales rise 18.2% sequentially to $37.0 million; Premium alloy sales up 26.6% from Q4 2020 Q1 2021 Net Loss is $4.5 million, or $0.51 per diluted share; Net loss is $2.6 million, or $0.29 per diluted share, excluding $2.6 million (pre-tax) of fixed cost absorption charges...

BRIDGEVILLE, Pa., April 14, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2021 on Wednesday, April 21, 2021. In conjunction with the earnings release, the Company will...

Gainers: Gulf Island Fabrication (GIFI) +15%, Nine Energy Service (NINE) +9%, Olympic Steel (ZEUS) +8%, Universal Stainless & Alloy Products (USAP) +7%, Yield10 Bioscience (YTEN) +7%.Losers: Recon Technology (RCON) -29%, Independence Contract Drilli...

Stainless markets are lagging hot-rolled steel, but are still recovering strongly, with healthy demand from auto and appliance markets driving the initial recovery. Aerospace de-stocking will likely end in 2021, with build-rates slowly improving as Airbus and Boeing ramp up production...

Universal Stainless & Alloy Products (USAP) announced that Christopher T. Scanlon has tendered his resignation as VP, Finance, CFO and Treasurer, effective Mar.19, to pursue a new opportunity.Press Release For further details see: Universal Stainless' CFO resigns

BRIDGEVILLE, Pa., March 22, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Christopher T. Scanlon has tendered his resignation as Vice President Finance, Chief Financial Officer and Treasurer effective March 19 to pursue a new...

BRIDGEVILLE, Pa., March 19, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has amended and restated its five-year $120 million asset-based lending (ABL) credit agreement with PNC Bank, National Association. The new agr...