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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Universal Stainless (USAP) delivered earnings and revenue surprises of 3.57% and 9.58%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Universal Stainless & Alloy Products (USAP) Reports Q2 Loss, Tops Revenue Estimates

BRIDGEVILLE, Pa., July  29, 2020  (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the second quarter of 2020 were $52.5 million, a decrease of 10.3% from $58.5 million in the first quarter of 2020, and 26.1% lower than $71.0 million in the second quarter of 2019.

Universal Stainless Reports Second Quarter 2020 Results

BRIDGEVILLE, Pa., July  24, 2020  (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2020 on Wednesday, July 29, 2020.  In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on July 29th.  The call will be webcast simultaneously for all interested parties over the Internet.

Universal Stainless to Webcast Second Quarter 2020 Conference Call on July 29th

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.

Analysts Estimate Universal Stainless & Alloy Products (USAP) to Report a Decline in Earnings: What to Look Out for

Universal Stainless & Alloy Products' (USAP) CEO Denny Oates on Q1 2020 Results - Earnings Call Transcript

Earnings Preview: Universal Stainless & Alloy Products (USAP) Q1 Earnings Expected to Decline

BRIDGEVILLE, Pa., Jan.  29, 2020  (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today announced a base price increase of 5% to 25% on all flat, square and hex bar products manufactured at its Dunkirk facility.  The increase will be effective immediately for all new orders.  Current material and energy surcharges will remain in effect.

Universal Stainless Announces Shape Bar Base Price Increase

Universal Stainless' (USAP) gross margin declines year over year in Q4 on unfavorable product mix.

Universal Stainless (USAP) Q4 Earnings & Sales Miss Estimates

Universal Stainless & Alloy Products, Inc. (USAP) CEO Dennis Oates on Q4 2019 Results - Earnings Call Transcript

Trying to play the up-cycle in aerospace through the specialty alloy companies has been tricky, and in the case of Universal Stainless & Alloy Products (USAP) that’s been complicated further by a fire-related production outage that made a noticeable impact on third quarter production and financial results.

Fire-Related Outages Sap Momentum At Universal Stainless & Alloy Products

Universal Stainless & Alloy Products, Inc. (USAP) CEO Dennis Oates on Q3 2019 Results - Earnings Call Transcript

Universal Stainless (USAP) delivered earnings and revenue surprises of -80.77% and -14.03%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Universal Stainless & Alloy Products (USAP) Q3 Earnings and Revenues Miss Estimates

BRIDGEVILLE, Pa., Oct.  23, 2019  (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the third quarter of 2019 were $56.6 million, compared with $69.1 million in the third quarter of 2018, and $71.0 million in the second quarter of 2019. Third quarter operations were negatively impacted by increased downtime and production delays in key production units. The resulting delayed shipments were primarily driven by unplanned downtime associated with repair activity at the North Jackson hydraulic forge relating to the fire, which occurred in the second quarter, with estimated third quarter delayed shipments approximating 2.0 million pounds or $6.0 million of net sales. At the close of the third quarter, the Company substantially completed the hydraulic forge fire-related repair activity.

Universal Stainless Reports Third Quarter 2019 Results

Earnings Preview: Universal Stainless & Alloy Products (USAP) Q3 Earnings Expected to Decline

Carpenter Technology

Gerdau

Shares of several companies operating in the steel and metal fabrication industry are trading lower amid heightened U.S.

3 Steel Companies Investors Should Consider

USAP is going through some near-term margin issues primarily related to surcharge misalignment, but the backlog is growing nicely.

Universal Stainless & Alloy Products Looking For Aerospace And Premium Offerings To Drive Leverage

Universal Stainless & Alloy Products, Inc. (USAP) CEO Dennis Oates on Q2 2019 Results - Earnings Call Transcript

Universal Stainless (USAP) delivered earnings and revenue surprises of -3.57% and 5.40%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Universal Stainless & Alloy Products (USAP) Lags Q2 Earnings Estimates

Universal Stainless & Alloy Products' (USAP) CEO Denny Oates on Q1 2019 Results - Earnings Call Transcript

Universal Stainless (USAP) delivered earnings and revenue surprises of -41.67% and -7.86%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Universal Stainless & Alloy Products Stock (USAP)