Universal Stainless & Alloy (USAP) Misses Q4 EPS by 15c

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Universal Stainless Reports Fourth Quarter 2016 Results

January 25, 2017 7:00 AM EST

Fourth Quarter Net Sales Total $34.2 Million, up 7.8% Versus the Fourth Quarter of 2015Fourth Quarter Net Loss Totals $0.22 per Diluted Share, Improved from a Net Loss per Diluted Share of $0.48 in the Fourth Quarter of 2015Fourth Quarter Gross Margin was 9.1% of Sales, Improved From a Negative 2.8% of Sales in the Fourth Quarter of 2015Order Entry Increases 16.7% from the Fourth Quarter of 2015 Quarter-End Backlog of $43.8 Million Increases 14.5% from the Fourth Quarter of 2015

BRIDGEVILLE, Pa., Jan. 25, 2017 (GLOBE NEWSWIRE) -- Universal Stainless... More