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DATE TITLE
Oct 30, 2024
Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024
Q3 2024 Net Sales are a record $87.3 million ; Aerospace sales top $200 million YTD Q3 2024 Net Income increased to record $11.1 million , or $1.11 per diluted share Gross Margin remained strong at 25.2% of sales BRIDGEVILLE, Pa. , Oct. 30, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy
Oct 17, 2024
Universal Stainless Signs Definitive Agreement to be Acquired by Aperam for $45.00 Per Share in All-Cash Transaction
- Conference Call Scheduled at 9:00 AM (ET) TODAY - Universal stockholders to receive $45.00 per share in cash, a 19% premium to three-month volume-weighted average stock price; 10.6x trailing 12-month Adjusted EBITDA Universal to become part of leader in stainless, specialty steel solutions and
Jul 31, 2024
Universal Stainless Reports Record Sales and Profitability in Second Quarter of 2024
Q2 2024 Net Sales are record $82.8 million Gross Margin hits new record high of 25.4% of sales in Q2 2024 Q2 2024 Net Income more than doubles from Q1 2024 to record $8.9 million , or $0.90 per diluted share Adjusted EBITDA in Q2 2024 increases to record $18.5 million , or 22% of sales BRIDGEVILLE,
Jul 18, 2024
Universal Stainless Reaches New Five-Year Labor Agreement at its North Jackson Facility
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 represented by
Jul 17, 2024
Universal Stainless to Webcast Second Quarter 2024 Results Conference Call on July 31st
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
Jul 01, 2024
Universal Stainless Reports North Jackson Labor Contract Continuance
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 and
Jun 04, 2024
Universal Stainless Set to Join Russell 2000 and 3000® Indexes
BRIDGEVILLE, Pa. , June 04, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it is set to join the broad-market Russell 2000 and 3000 Indexes at the conclusion of the annual reconstitution of the 2024 Russell US Indexes, effective at the open of
May 01, 2024
Universal Stainless Reports Near-Record Sales and Profitability in First Quarter of 2024
Q1 2024 Sales of $77.6 million vs. record $79.8 million in Q4 2023; up 18% from Q1 2023 Q1 2024 Gross Margin reaches 18.9% of sales, highest since Q1 2012, despite $1.3 million raw material headwind Q1 2024 Net Income up 59% from Q4 2023 to $4.1 million , or $0.43 per diluted share Cash flow from
Apr 24, 2024
Universal Stainless to Webcast First Quarter 2024 Results Conference Call on May 1st
BRIDGEVILLE, Pa. , April 24, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2024 on Wednesday, May 1, 2024 . In conjunction with the earnings release, the Company will host a
Mar 28, 2024
Universal Stainless Reports Record Sales; Full Year 2023 Net Income Highest Since 2018
Record Q4 2023 Sales of $79.8 million , up 12% from Q3 2023; Record full year 2023 sales of $285.9 million , up 42% from 2022 Record Q4 2023 Premium Alloy sales of $21.1 million , up 28% from Q3 2023; Record full year Premium Alloy sales of $68.1 million , up 74% from 2022 Q4 2023 Gross margin