Universal Stainless & Alloy (USAP) Misses Q1 EPS by 4c

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Universal Stainless Reports First Quarter 2017 Results

April 26, 2017 7:00 AM EDT

Sales in Q1 Total $48.9 Million, Up 43.1% Sequentially, and Up 23.4% vs. Q1 2016Net Loss in Q1 Totals $0.17 per Diluted Share and Includes $0.06 Loss for Non-Recurring ItemsEBITDA in Q1 Totals $4.2 Million, Up 31.9% Sequentially, and Up 269.8% vs. Q1 2016Quarter-End Backlog of $57.1 Million, Up 30.3% Sequentially

BRIDGEVILLE, Pa., April 26, 2017 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported results for the first quarter of 2017, showing broad-based improvement sequentially, and year-over-year, including increases in total sales, premium alloy sales, order... More