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Quarter-end Backlog jumps to record $201.8 million, up 50% from Q4 2021 and 248% from Q1 2021 Q1 2022 Sales up 10.0% sequentially; Premium alloy sales up 26.9% from Q4 2021 Q1 2022 Gross margin is 8.5% of sales including AMJP grant benefit Q1 2022 Net loss is $...
BRIDGEVILLE, Pa., April 11, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2022 on Wednesday, April 20, 2022. In conjunction with the earnings release, the Company will...
- No Injuries Resulted From Spill - Clean Up and Damage Assessment Underway - All Other Bridgeville Production Units Continue To Operate BRIDGEVILLE, Pa., April 11, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. today reported tha...
Universal Stainless & Alloy Products (NASDAQ:USAP) names Steven V. DiTommaso has been named as the CFO and Vice President of the Company, effective April 1, 2022. Mr. DiTommaso has served as Corporate Controller of the Company since 2018. For further details see: Univ...
BRIDGEVILLE, Pa., April 05, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Steven V. DiTommaso has been named Vice President and Chief Financial Officer of the Company, effective April 1, 2022. Mr. DiTommaso has served a...
BRIDGEVILLE, Pa., April 04, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 7% to 12% on plate products. The increase goes into effect immediately for all new orders. Current material and energy surcharges w...
Carpenter reported 35% quarter-over-quarter growth in its aerospace revenue backlog, and multiple market participants are expecting significant acceleration in aircraft and engine build-rates in the coming years. Aerospace will generate much of the upside over the next three-to-five y...
BRIDGEVILLE, Pa., March 07, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that it will be increasing the nickel premium used in its raw material surcharge calculation from $0.38/lb to $1.70/lb for AOD grades and to $2.70/lb for VI...
USAP reported improving revenue and margins in the fourth quarter, as the aerospace inventory correction cycle is over and companies are looking to increase build rates. USAP generates around 60% of revenue from the aerospace market, the backlog is growing, and management is looking t...
BRIDGEVILLE, Pa., Feb. 21, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on bar products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will...
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BRIDGEVILLE, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has reached a new five-year collective bargaining agreement covering the hourly production and maintenance employees at its North Jackson facility represent...
BRIDGEVILLE, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2024 on Wednesday, July 31, 2024. In conjunction with the earnings release, the Company will host a...
BRIDGEVILLE, Pa., July 01, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has agreed with Local 2332-2 of the United Steelworkers to a seventeen-day continuance of the collective bargaining agreement covering the hourly production...