Universal Stainless & Alloy (USAP) Tops Q1 EPS by 9c, Beats on Revenues

Universal Stainless & Alloy (NASDAQ: USAP) reported Q1 EPS of $0.28, $0.09 better than the analyst estimate of $0.19. Revenue for the quarter came in at $63.7 million versus the consensus estimate of $54.46 million.

• Q1 2018 Sales of $63.7 Million, Up 30.4% from Q1 2017
• Q1 2018 Net Income of $2.1 million, or $0.28 per diluted share vs. Net Loss of $1.2 million, or $0.17 per diluted share, in Q1 2017
• EBITDA of $8.8 Million in Q1 2018, Up 110.8% from Q1 2017
• Quarter-End Backlog of $90.6 Million, Up 16.7% sequentially and Up 58.8% vs. Q1 2017

For earnings history and earnings-related data on Universal Stainless & Alloy (USAP) click here.

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