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News Releases

DATE TITLE
Jul 31, 2023
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , July 31, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Jul 26, 2023
Universal Stainless Engages Baker Tilly as New Audit Firm
BRIDGEVILLE, Pa. , July 26, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP)  announced today that it has engaged Baker Tilly US, LLP (“Baker Tilly”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 .
Jul 26, 2023
Universal Stainless Reports Profitable Second Quarter 2023 Results
Q2 2023 Sales of $69.0 million , up 5% from Q1 2023, up 32% year-over-year; highest since Q2 2019 Q2 2023 Gross margin improves to $9.8 million , or 14.3% of sales Q2 2023 Operating income more than doubles to $3.1 million Company returns to profitability with net income of $0.9 million , or $0.10
Jul 07, 2023
Universal Stainless to Webcast Second Quarter 2023 Conference Call on July 26th
BRIDGEVILLE, Pa. , July 07, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2023 on Wednesday, July 26, 2023 . In conjunction with the earnings release, the Company will host a
Jun 01, 2023
Universal Stainless Names Richard Secola as Vice President of Supply Chain & Purchasing
BRIDGEVILLE, Pa. , June 01, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that Richard Secola has been named Vice President of Supply Chain & Purchasing for the Company. The appointment is effective immediately.
May 16, 2023
Universal Stainless Announces Base Price Increase on Plate Products
BRIDGEVILLE, Pa. , May 16, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on plate products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
May 10, 2023
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , May 10, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 10% on bar products. The increase goes into effect immediately. Current material and energy surcharges will remain in effect.
Apr 26, 2023
Universal Stainless Reports Improved First Quarter 2023 Results
Q1 2023 Sales of $65.9 million , up 17% from Q4 2022, highest since Q2 2019 Record quarterly Premium Alloy sales of $17.7 million , up 31% sequentially Q1 2023 Gross margin improves to $7.7 million , or 11.7% of sales; Operating income is $1.4 million Net loss reduced to $0.5 million , or $0.06 per
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.