Jump to main content

News Releases

DATE TITLE
Sep 07, 2018
Universal Stainless to Present at CL King 16th Annual Best Ideas Conference on September 13th

Presentation to be Webcast and Archived BRIDGEVILLE, Pa. , Sept. 07, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates , Chairman, President and Chief Executive Officer, and Christopher T.

Sep 04, 2018
Universal Stainless Reports Bridgeville Labor Contract Continuance

BRIDGEVILLE, Pa. , Sept. 04, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has agreed with Local 9531 of the United Steelworkers to a day by day continuance of the collective bargaining agreement, subject to a 72-hour termination notice by

Aug 06, 2018
Universal Stainless Announces Amended and Restated $120 Million Credit Agreement; Reaches Collective Bargaining Agreement for North Jackson Specialty Steel Facility

BRIDGEVILLE, Pa. , Aug. 06, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has entered into an amended and restated five-year $120 million asset-based lending (ABL) credit agreement with PNC Bank , National Association.

Aug 03, 2018
Universal Stainless to Present at Jefferies 2018 Global Industrials Conference on August 7th

Presentation to be Webcast and Archived BRIDGEVILLE, Pa. , Aug. 03, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that Christopher M. Zimmer , Executive Vice President and Chief Commercial Officer, and Christopher T.

Jul 25, 2018
Universal Stainless Reports Strong Results on Continued Sales Growth in Second Quarter of 2018

Q2 2018 Sales of $66.1 million , up 25.6% from Q2 2017 Q2 2018 Net Income increases to $4.0 million , or $0.50 per diluted share, versus $1.2 million , or $0.17 per diluted share, in Q2 2017 EBITDA reaches $11.2 million in Q2 2018, up 54.6% from Q2 2017 Quarter-End Backlog of $104.2 million , up

Jul 13, 2018
Universal Stainless to Webcast Second Quarter 2018 Conference Call on July 25th

BRIDGEVILLE, Pa. , July 13, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that it will report financial results for the second quarter of 2018 on Wednesday, July 25 , 2018.  In conjunction with the earnings release, the Company will host a

Jun 25, 2018
Universal Stainless Announces Base Price Increase on Specialty and Premium Products

BRIDGEVILLE, Pa. , June 25, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced a base price increase of 3-7% on all specialty and premium products.  The increase will be effective for all non-contract new orders entered July 1, 2018 forward.  Current

Jun 11, 2018
Universal Stainless Set to Join Russell 3000® Index

BRIDGEVILLE, Pa. , June 11, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that it is set to join the broad-market Russell 3000® Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US market opens on June

Jun 11, 2018
Universal Stainless Names Judith l. Bacchus to Board of Directors

BRIDGEVILLE, Pa. , June 11, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that Judith L. Bacchus has joined the Company’s Board of Directors.  Ms. Bacchus fills the vacancy on the five-member Board created by the retirement of Douglas M.

May 25, 2018
Universal Stainless Announces Pricing of Common Stock Offering

BRIDGEVILLE, Pa. , May 25, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (the “Company”) (Nasdaq:USAP) announced today that it has priced an underwritten offering of 1,224,490 shares of common stock at a public offering price of $24.50 per share.