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News Releases

DATE TITLE
Jul 28, 2021
Universal Stainless to Present at Jefferies 2021 Virtual Industrials Conference on August 3rd
Presentation to be Webcast and Archived 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
Jul 21, 2021
Universal Stainless Reports Improved Second Quarter 2021 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 Net loss reduced to $2.5 million , or
Jul 19, 2021
Universal Stainless Announces Base Price Increase on Long 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 will remain in
Jul 14, 2021
Universal Stainless to Webcast Second Quarter 2021 Conference Call on July 21st
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 host a
Jun 17, 2021
Universal Stainless Announces Base Price Increase
BRIDGEVILLE, Pa. , June 17, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on all bar products. The increase will be effective June 21, 2021 for all new orders. Current material and energy surcharges will remain
Apr 21, 2021
Universal Stainless Reports Improved First Quarter 2021 Results
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 Q1 2021 Adjusted
Apr 14, 2021
Universal Stainless to Webcast First Quarter 2021 Conference Call on April 21st
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 host a
Mar 22, 2021
Universal Stainless Announces Resignation of Christopher T. Scanlon as Vice President Finance, CFO and Treasurer
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 opportunity.
Mar 19, 2021
Universal Stainless Announces Amended and Restated Credit Agreement
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 .
Feb 23, 2021
Universal Stainless Announces Base Price Increase
BRIDGEVILLE, Pa. , Feb. 23, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on all products. The increase will be effective March 1, 2021 for all new orders. Current material and energy surcharges will remain in