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.

BRIDGEVILLE, Pa., June 21, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. today reported that operations at its Bridgeville Electric Arc Melting facility resumed in May as anticipated and have now returned to full operating capacity following a metal spill that occurred in April. The spill was caused by a breakthrough at the bottom of a furnace shell. No one was injured and there was no environmental impact. All other operations continued to function normally and there were no near term interruptions to product delivery schedules.

Universal Stainless Resumes Operations at Bridgeville, PA Melt Shop

Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP ) Q1 2022 Earnings Conference Call April 20, 2022 10:00 AM ET Company Participants June Filingeri - IR, President, CommPartners Dennis Oates - Chairman, President and CEO Steven DiTommaso - VP and CFO Christopher Zimmer - EVP and CCO Conference Call Participants Michael Leshock - KeyBanc Capital Markets Greg Weiss - Boston Partners Bob Sales - LMK Capital Management Operator Good day and thank you for standing by. Welcome to the Universal Stainless First Quarter 2022 Conference Call and Webcast.

Universal Stainless & Alloy Products, Inc. (USAP) CEO Dennis Oates on Q1 2022 Earnings Call Transcript

BRIDGEVILLE, Pa., April 20, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2022 were $47.6 million, an increase of 10.0% from $43.2 million in the fourth quarter of 2021, and 28.4% higher than net sales of $37.0 million in the first quarter of 2021.

Universal Stainless Reports First Quarter 2022 Results

BRIDGEVILLE, Pa., April 11, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the first quarter of 2022 on Wednesday, April 20, 2022. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on April 20th. The call will be webcast simultaneously for all interested parties over the Internet.

Universal Stainless to Webcast First Quarter 2022 Conference Call on April 20th

-  No Injuries Resulted From Spill -  Clean Up and Damage Assessment Underway -  All Other Bridgeville Production Units Continue To Operate

Universal Stainless Reports Liquid Metal Spill in Bridgeville, PA Melt Shop

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.

Universal Stainless Names Steven DiTommaso as Vice President and CFO

Specialty steel maker Universal Stainless & Alloy Products Inc. USAP, +1.38% said Tuesday it is raising base prices on bar products by 3% to 10% as it moves to combat rising inflation. The higher price will go into effect immediately for all new orders, while current material and energy surcharges remain in effect.

Universal Stainless & Alloy Products to raise base prices on bar products by 3% to 10%

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. The change will go into effect for May surcharges, which reflect March raw material costs.

Universal Stainless Increases Nickel Premium Surcharge

USAP reported improving revenue and margins in the fourth quarter, as the aerospace inventory correction cycle is over and companies are looking to increase build rates.

With Aerospace Recovering, Universal Stainless & Alloy Products Should See A Meaningful Ramp

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.

Why Fast-paced Mover Universal Stainless (USAP) Is a Great Choice for Value Investors

Presentation to be Webcast and Archived Presentation to be Webcast and Archived

Universal Stainless to Present at Cowen and Company 43rd Annual Aerospace/Defense & Industrials Virtual Conference on February 9th

Universal Stainless & Alloy Products, Inc. (USAP) CEO Denny Oates on Q4 2021 Results - Earnings Call Transcript

BRIDGEVILLE, Pa., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the fourth quarter of 2021 were $43.2 million, an increase of 16.3% from $37.2 million in the third quarter of 2021, and 38.0% higher than net sales of $31.3 million in the fourth quarter of 2020.

Universal Stainless Reports Fourth Quarter 2021 Results

Universal Stainless (USAP) raises the price of products to negate the impact of inflationary cost increases on nearly all areas of its business.

Universal Stainless (USAP) Hikes Prices of All Products

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

Universal Stainless to Webcast Fourth Quarter 2021 Conference Call on January 26th

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 effect.

Universal Stainless Announces Base Price Increase on All Products

The company's sales declined sharply in 2020 and 2021 due to headwinds in the aerospace industry. Gross profit margins are recovering rapidly and recent base price increases should keep margins expanding even more.

Universal Stainless & Alloy Products: The Turnaround Begins

Universal Stainless & Alloy Products, Inc. (USAP) CEO Dennis Oates on Q3 2021 Results - Earnings Call Transcript

BRIDGEVILLE, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales for the third quarter of 2021 of $37.2 million, 3.5% lower than $38.5 million in the second quarter of 2021, and in line with $37.4 million in the third quarter of 2020.

Universal Stainless Reports Third Quarter 2021 Results

USAP is positioned to benefit from an aerospace recovery and supply chain restocking cycle, which should produce significant cash flow leverage over the next several years.

Universal Stainless & Alloy Products: Aerospace Recovery Play Trading At Liquidation Value

Universal Stainless (USAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Universal Stainless & Alloy Products (USAP) Report Negative Q3 Earnings? What You Should Know

BRIDGEVILLE, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the third quarter of 2021 on Wednesday, October 20, 2021. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on October 20th. The call will be webcast simultaneously for all interested parties over the Internet.

Universal Stainless to Webcast Third Quarter 2021 Conference Call on October 20th

Universal Stainless (USAP) has been struggling lately, but the selling pressure may be coming to an end soon.

Universal Stainless (USAP) Sees Hammer Chart Pattern: Time to Buy?

Universal's business appears to have bottomed, with the company returning to positive gross margin and posting a second consecutive quarter of sequential revenue and backlog growth.

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