Universal Stainless & Alloy (USAP) Reports In-Line Q3 EPS

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Universal Stainless Reports Third Quarter 2015 Results in Line With Preliminary Forecast

October 28, 2015 6:50 AM EDT

Third Quarter Net Sales Are $43.4 Million; Premium Alloy Sales Increased 33.7% From 2014Net Loss Totals $2.41 per Diluted Share; Net Loss Is $0.22 per Diluted Share Excluding Previously Reported Third Quarter Charges Noted BelowQuarter-End Backlog Is $39.0 MillionTotal Debt Reduced by $10.1 Million

BRIDGEVILLE, Pa., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported results for the third quarter of 2015 in line with its announcement of preliminary results on October 16.

Net sales for the third quarter... More