USAP News and Press, Universal Stainless & Alloy Products Inc. From 08/13/21

Universal's business appears to have bottomed, with the company returning to positive gross margin and posting a second consecutive quarter of sequential revenue and backlog growth. Aerospace is still well off pre-pandemic norms, but flight hours are improving, destocking seems to lar...

BRIDGEVILLE, Pa., July 28, 2021 (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 Jefferies 2021 Virtual Industrials Conference on Tuesday, August 3...

Universal Stainless & Alloy Products, Inc. (USAP) Q2 2021 Earnings Conference Call July 21, 2021 10:00 AM ET Company Participants June Filingeri - Comm-Partners, LLC Dennis Oates - Chairman, President and Chief Executive Officer Christopher Zimmer - Executive Vice President and Chief Comm...

Gainers: Peabody Energy (BTU) +16%, Nouveau Monde Graphite (NMG) +15%, Universal Stainless & Alloy Products (USAP) +15%, Transocean (RIG) +12%.Losers: Orbital Energy Group (OEG) -18%, Ranger Energy Services (RNGR) -6%. For further detail...

Universal Stainless & Alloy Products (USAP): Q2 GAAP EPS of -$0.28.Revenue of $38.5M (-26.6% Y/Y)Press Release For further details see: Universal Stainless & Alloy Products reports Q2 results

Quarter-end Backlog increases 70.6% to $98.9 million versus $58.0 million at end of Q1 2021 Q2 2021 Sales rise 4.0% sequentially to $38.5 million; Premium alloy sales are 15.3% of sales Q2 2021 Gross margin is 5.6% of sales, highest level since Q1 2020 Q2 2021 Ne...

Universal Stainless & Alloy Products (USAP) raises a base price by 3% to 10% on all long products.The increase is effective immediately for all new orders, and current material and energy surcharges will remain in effect.In last month the Company had raised prices of its all bar products....

BRIDGEVILLE, Pa., July 19, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on all long products. The increase goes into effect immediately for all new orders. Current material and energy surcharges...

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

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...