Universal Stainless & Alloy Products

Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other premium alloyed steels. Its products are sold to service centers, forgers, rerollers, and original equipment manufacturers in the aerospace, power generation, oil and gas, heavy equipment, and general industrial markets. The company was founded in 1994 and is headquartered in Bridgeville, PA.

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Universal Stainless & Alloy Products reports record sales amid challenges

Universal Stainless & Alloy Products reported strong Q4 2022 performance with record premium alloy sales and a high order backlog.
Despite challenges like lower gross margins and a net loss, the company remains optimistic about market opportunities in aerospace and premium products.
Strategic investments in technology and capacity expansion position Universal Stainless for future growth and increased market share.
The company aims to address ongoing challenges like supply chain issues while capitalizing on opportunities in key markets like aerospace and oil & gas.

Universal Stainless & Alloy Products beats Q1 expectations, eyes growth

USAP's Q1 2023 performance exceeded expectations, driven by aerospace demand and premium alloy sales, with a record high order backlog of $366 million.
Despite challenges like labor availability and supply chain bottlenecks, the company showcased operational improvements and strong financial metrics.
With a focus on long-term growth, USAP aims for higher margins, improved inventory turnover, and capitalizing on opportunities in aerospace, oil & gas, and defense markets.

Universal Stainless & Alloy Products (USAP) reports strong Q2 performance and growth outlook

Universal Stainless & Alloy Products (USAP) demonstrated strong financial performance in Q2 2023, with notable sales growth and profitability improvements. Despite facing challenges like shipment timing and metal price fluctuations, the company remains resilient and focused on growth opportunities.
USAP's strengths in aerospace sales, debt reduction, and market positioning bode well for its future performance. By navigating challenges and leveraging opportunities in various end markets, USAP is poised for continued success and sustainable growth in the industry.
Investors should take note of USAP's solid financial metrics, strategic initiatives, and market potential. With a clear focus on operational efficiency, debt management, and growth strategies, USAP is well-positioned to capitalize on market trends and drive shareholder value.

Universal Stainless & Alloy Products reports stellar Q3 performance and optimistic outlook

Universal Stainless & Alloy Products (USAP) showcased robust financial performance in Q3 2023, marked by record sales, improved margins, and increased profitability.
The company's strategic focus on premium alloy sales, cost management, and operational efficiency has yielded positive results and positioned it for future growth.
With a new CEO at the helm and a positive outlook for the coming quarters, USAP is well-positioned to capitalize on opportunities and navigate challenges effectively.

Universal Stainless & Alloy Products (USAP) reports record sales and growth opportunities

USAP's Q4 2023 earnings call highlighted strong financial performance, record sales, and strategic initiatives for growth. Despite challenges like raw material misalignment and internal control weaknesses, the company remains optimistic about growth momentum for 2024 and beyond.

Universal Stainless & Alloy Products (USAP) achieves record margins and profitability in Q1 2024

Universal Stainless & Alloy Products (USAP) demonstrated strong financial performance in Q1 2024, with record margins and profitability. Despite challenges in the aerospace sector, the company's strategic investments and market focus have yielded positive results. USAP is poised to leverage opportunities in energy, heavy equipment, and general industrial markets for continued growth.

Universal Stainless reports record Q2 sales driven by aerospace

Universal Stainless & Alloy Products delivered a strong performance in Q2 2024, driven by record sales and aerospace market demand.
The company's strategic focus on premium alloys, operational efficiency, and financial management strengths position it for future growth.
While facing challenges in managing capital expenditures and market risks, Universal Stainless has opportunities to leverage aerospace market growth and enhance its market position.
Overall, Universal Stainless is well-positioned to navigate market dynamics, capitalize on growth opportunities, and drive value for stakeholders.

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Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other premium alloyed steels. Its products are sold to service centers, forgers, rerollers and original equipment manufacturers in the aerospace, power generation, oil and gas, heavy equipment and general industrial markets. The company was founded in 1994 and is headquartered in Bridgeville, PA.

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Universal Stainless (USAP) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Universal Stainless (USAP) Is a Great Choice for 'Trend' Investors, Here's Why

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. He will continue to report directly to Christopher Zimmer, Executive Vice President and Chief Operating Officer of Universal.

Universal Stainless Names Richard Secola as Vice President of Supply Chain & Purchasing

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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.

Universal Stainless Announces Base Price Increase on Plate Products

Universal Stainless & Alloy Products, Inc. (USAP) Q1 2023 Earnings Call Transcript.

Universal Stainless & Alloy Products, Inc. (USAP) Q1 2023 Earnings Call Transcript

BRIDGEVILLE, Pa., April 26, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales for the first quarter of 2023 of $65.9 million, an increase of 17.2% from $56.2 million in the fourth quarter of 2022, and an increase of 38.5% from net sales of $47.6 million in the first quarter of 2022.

Universal Stainless Reports Improved First Quarter 2023 Results

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 conference call at 10:00 a.m. (Eastern) on April 26th. The call will be webcast simultaneously for all interested parties.

Universal Stainless to Webcast First Quarter 2023 Conference Call on April 26th

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. He will continue to report directly to Christopher Zimmer, recently named Executive Vice President and Chief Operating Officer of Universal.

Universal Stainless Names Brian A. Kane as Vice President of Sales and Marketing

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.

Christopher M. Zimmer Named Executive Vice President and Chief Operating Officer

- Presentation to be Webcast and Archived -

Universal Stainless to Present at Cowen's 44th Annual Aerospace/Defense & Industrials Conference on February 15th

Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP ) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants June Filingeri - CommPartners, IR Denny Oates - Chairman, President and CEO Steve DiTommaso - VP and CFO Conference Call Participants Phil Gibbs - KeyBanc John Deysher - Pinnacle Douglas Dethy - D.C. Capital Operator Good day, and thank you for standing by.

Universal Stainless & Alloy Products, Inc. (USAP) Q4 2022 Earnings Call Transcript

BRIDGEVILLE, Pa., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported results for the fourth quarter of 2022 in line with its announcement of preliminary results on January 19.

Universal Stainless Reports Fourth Quarter 2022 Results

- Fourth Quarter Conference Call to be Webcast on January 25th - - Fourth Quarter Conference Call to be Webcast on January 25th -

Universal Stainless Reports Preliminary Fourth Quarter 2022 Results

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 Steelworkers.

Universal Stainless Reaches Labor Agreement at Its Dunkirk Facility

Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP ) Q3 2022 Earnings Conference Call October 26, 2022 10:00 AM ET Company Participants June Filingeri - CommPartners, Investor Relations Denny Oates - Chairman, President and CEO Chris Zimmer - Executive Vice President and CCO John Arminas - Vice President and General Counsel Steve DiTommaso - Vice President and CFO Conference Call Participants Phil Gibbs - KeyBanc Bob Sales - LMK Capital Markets Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Universal Stainless & Alloy Products Incorporated Third Quarter 2022 Conference Call.

Universal Stainless & Alloy Products, Inc. (USAP) Q3 2022 Earnings Call Transcript

Universal Stainless (USAP) delivered earnings and revenue surprises of 0% and 0.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Universal Stainless & Alloy Products (USAP) Reports Q3 Loss, Misses Revenue Estimates

BRIDGEVILLE, Pa., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported results for the third quarter of 2022 in line with its announcement of preliminary results on October 19.

Universal Stainless Reports Third Quarter 2022 Results

- Third Quarter Conference Call to be Webcast on October 26 - - Third Quarter Conference Call to be Webcast on October 26 -

Universal Stainless Reports Preliminary Third Quarter 2022 Results

Universal Stainless (USAP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Universal Stainless (USAP)

Universal Stainless & Alloy has continued to lag other specialty material producers despite a growth in orders, backlog, and margins, ahead of a more significant ramp in production/shipment volumes. Aerospace is leading the charge, and USAP is effectively booked out through the third quarter of 2023 and looking to increase capacity of higher-value materials.

Universal Stainless & Alloy Products Ignored On The Runway As Business Starts To Take Off

Universal Stainless & Alloy Products Inc. (NASDAQ:USAP ) Q2 2022 Earnings Conference Call July 27, 2022 10:00 AM ET Company Participants June Filingeri - Investor Relations Chris Zimmer - EVP and Chief Commercial Officer John Arminas - Vice President and General Counsel Denny Oates - Chairman, President and Chief Executive Officer Steve DiTommaso - VP and Chief Financial Officer Conference Call Participants Phil Gibbs - KeyBanc Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Universal Stainless & Alloy Products Inc. Second Quarter 2022 Conference Call and Webcast.

Universal Stainless & Alloy Products Inc. (USAP) CEO Denny Oates on Q2 2022 Results - Earnings Call Transcript

Universal Stainless (USAP) delivered earnings and revenue surprises of 100% and 1.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Universal Stainless & Alloy Products (USAP) Reports Break-Even Earnings for Q2

BRIDGEVILLE, Pa., July 27, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the second quarter of 2022 were $52.2 million, an increase of 9.7% from $47.6 million in the first quarter of 2022, and 35.5% higher than net sales of $38.5 million in the second quarter of 2021. For the first six months of 2022, sales reached $99.7 million, an increase of 32.0% from $75.5 million recorded in the same period of 2021.

Universal Stainless Reports Improved Second Quarter 2022 Results

BRIDGEVILLE, Pa., July 20, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2022 on Wednesday, July 27, 2022. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on July 27th. The call will be webcast simultaneously for all interested parties over the Internet.

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