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News Releases

DATE TITLE
Apr 12, 2023
Universal Stainless to Webcast First Quarter 2023 Conference Call on April 26th
BRIDGEVILLE, Pa. , April 12, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2023 on Wednesday, April 26, 2023 . In conjunction with the earnings release, the Company will host a
Apr 06, 2023
Universal Stainless Names Brian A. Kane as Vice President of Sales and Marketing
BRIDGEVILLE, Pa. , April 06, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that Brian A. Kane has been named Vice President of Sales and Marketing for the Company. The appointment is effective immediately.
Apr 03, 2023
Christopher M. Zimmer Named Executive Vice President and Chief Operating Officer
BRIDGEVILLE, Pa. , April 03, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that Christopher M. Zimmer has been named to the new role of Executive Vice President and Chief Operating Officer. The appointment is effective immediately. Mr.
Mar 08, 2023
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , March 08, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 7% to 12% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Feb 03, 2023
Universal Stainless to Present at Cowen's 44th Annual Aerospace/Defense & Industrials Conference on February 15th
- Presentation to be Webcast and Archived - BRIDGEVILLE, Pa. , Feb. 03, 2023 (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 Cowen Inc.
Jan 25, 2023
Universal Stainless Reports Fourth Quarter 2022 Results
Q4 2022 Sales are $56.2 million , up 21.7% from Q3 2022, up 30% from Q4 2021, highest since Q1 2020 Record quarterly Premium Alloy sales of $13.5 million up 69% sequentially Q4 2022 Gross margin declines to $2.4 million , or 4.3% of sales, due to negative surcharge/raw material cost misalignment of
Jan 19, 2023
Universal Stainless Reports Preliminary Fourth Quarter 2022 Results
- Fourth Quarter Conference Call to be Webcast on January 25th - BRIDGEVILLE, Pa. , Jan. 19, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that, based on preliminary results, it expects to report net sales for the fourth quarter of 2022 of $56.2
Nov 18, 2022
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , Nov. 18, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 7% to 12% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Nov 01, 2022
Universal Stainless Reaches Labor Agreement at Its Dunkirk Facility
BRIDGEVILLE, Pa. , Nov. 01, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it has reached a new 3-year collective bargaining agreement with the hourly employees at its Dunkirk, New York , facility represented by Local 2693-01 of the United
Oct 26, 2022
Universal Stainless Reports Third Quarter 2022 Results
Q3 2022 Sales are $46.2 million , 11.4% below Q2 2022, and up 24.3% from Q3 2021 Premium Alloys are 17.3% of Q3 2022 sales Q3 2022 Gross margin is 6.4% of sales; Net loss is $1.3 million , or $0.14 per diluted share; both include AMJP grant benefit of $0.6 million and negative impacts of $2.0