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News Releases

DATE TITLE
Apr 05, 2022
Universal Stainless Names Steven DiTommaso as Vice President and CFO
BRIDGEVILLE, Pa. , April 05, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Steven V. DiTommaso has been named Vice President and Chief Financial Officer of the Company, effective April 1, 2022 . Mr.
Apr 04, 2022
Universal Stainless Announces Base Price Increase on Plate Products
BRIDGEVILLE, Pa. , April 04, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 7% to 12% on plate products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Mar 22, 2022
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , March 22, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on bar products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Mar 07, 2022
Universal Stainless Increases Nickel Premium Surcharge
BRIDGEVILLE, Pa. , March 07, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced that it will be increasing the nickel premium used in its raw material surcharge calculation from $0.38 /lb to $1.70 /lb for AOD grades and to $2.70 /lb for VIM grades.
Feb 21, 2022
Universal Stainless Announces Base Price Increase on Bar Products
BRIDGEVILLE, Pa. , Feb. 21, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on bar products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Feb 02, 2022
Universal Stainless to Present at Cowen and Company 43rd Annual Aerospace/Defense & Industrials Virtual Conference on February 9th
Presentation to be Webcast and Archived BRIDGEVILLE, Pa. , Feb. 02, 2022 (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 and Company 43 rd Annual
Jan 26, 2022
Universal Stainless Reports Fourth Quarter 2021 Results
Q4 2021 Sales of $43.2 million up 16.3% sequentially and 38% year over year; Premium alloy sales are 16.3% of sales Q4 2021 Gross margin improves to 8.7% of sales, highest reported since Q4 2019, versus 6.2% in Q3 2021 Q4 2021 Net loss is $1.6 million , or $0.18 per diluted share Q4 2021 EBITDA is
Jan 14, 2022
Universal Stainless to Webcast Fourth Quarter 2021 Conference Call on January 26th
BRIDGEVILLE, Pa. , Jan. 14, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the fourth quarter and full year 2021 on Wednesday, January 26, 2022 . In conjunction with the earnings release, the Company will
Jan 10, 2022
Universal Stainless Announces Base Price Increase on All Products
BRIDGEVILLE, Pa. , Jan. 10, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 3% to 10% on all products. The increase goes into effect immediately for all new orders. Current material and energy surcharges will remain in
Oct 20, 2021
Universal Stainless Reports Third Quarter 2021 Results
Quarter-end Backlog increases 26.5% to $125.1 million versus $98.9 million at end of Q2 2021 Q3 2021 Sales are $37.2 million ; Premium alloy sales are 16.0% of sales Q3 2021 Gross margin improves to 6.2% of sales from 5.6% in Q2 2021 Q3 2021 Net income of $7.9 million , or $0.87 per diluted share,