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News Releases

DATE TITLE
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
Feb 09, 2021
Universal Stainless to Present at Cowen and Company 42nd Annual Aerospace/Defense & Industrials Conference on February 11th
- Fireside Chat to be Webcast and Archived - BRIDGEVILLE, Pa. , Feb. 09, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates , Chairman, President and Chief Executive Officer, will participate in the virtual Cowen and Company 42 nd
Jan 27, 2021
Universal Stainless Reports Fourth Quarter 2020 Results
Total debt reduced by $10.4 million and managed working capital declined by $19.2 million from Q3 2020 Q4 2020 Sales total $31.3 million ; Premium alloy sales represent 19.1% of total Q4 sales Q4 2020 Net Loss of $7.3 million , or $0.83 per diluted share; Net loss is $4.6 million , or $0.52 per
Jan 19, 2021
Universal Stainless to Webcast Fourth Quarter 2020 Conference Call on January 27th
BRIDGEVILLE, Pa. , Jan. 19, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the fourth quarter and full year 2020 on Wednesday, January 27, 2021 . In conjunction with the earnings release, the Company will
Oct 21, 2020
Universal Stainless Reports Third Quarter 2020 Results
Q3 2020 Sales total $37.4 million ; Premium alloy sales up 13.9% from Q3 2019 Q3 2020 Net Loss of $7.0 million , or $0.79 per diluted share; Net loss of $3.9 million , or $0.44 per diluted share , excluding $4.3 million (pre-tax) of fixed cost absorption charges and $0.3 million (pre-tax) gain on
Oct 14, 2020
Universal Stainless to Webcast Third Quarter 2020 Conference Call on October 21st
BRIDGEVILLE, Pa. , Oct. 14, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the third quarter of 2020 on Wednesday, October 21, 2020 . In conjunction with the earnings release, the Company will host a
Oct 06, 2020
Universal Stainless Reaches Labor Agreement at Its Titusville Facility
BRIDGEVILLE, Pa. , Oct. 06, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has reached a new 5-year collective bargaining agreement with the hourly employees at its Titusville, PA facility represented by Local 7312-03 of the United
Aug 24, 2020
Universal Stainless Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits
BRIDGEVILLE, Pa. , Aug. 24, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP)   Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) (“ Universal Stainless ” or the “ Company ”)  announced today that its Board of Directors (the “ Board ”) has adopted a Tax