Universal Stainless & Alloy (USAP) Misses Q1 EPS by 1c
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Universal Stainless Reports First Quarter 2016 Results
April 27, 2016 7:01 AM EDTFirst Quarter Net Sales Total $39.6 Million, Up 25% SequentiallyFirst Quarter Net Loss Totals $0.34 per Diluted Share, including a $0.07 Non-Cash Charge Related to New Financing Order Entry Is Up 21% from 4Q15; Quarter-End Backlog Increases 4% to $39.8 Million
BRIDGEVILLE, Pa., April 27, 2016 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2016 rose 25% from the fourth quarter of 2015 to $39.6 million with increases in most of the Companys end markets. Aerospace... More
