Universal Stainless & Alloy (USAP) Misses Q3 EPS by 4c

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Universal Stainless Reports Strong Results on Continued Sales Growth in Third Quarter of 2018

October 24, 2018 7:00 AM EDT

Q3 2018 Sales of $69.1 million, up 35.7% from Q3 2017Q3 2018 Net Income increases to $3.9 million, or $0.44 per diluted share, versus loss of $0.3 million, or $0.04 per diluted share, in Q3 2017EBITDA totals $10.1 million in Q3 2018, up 79.5% from Q3 2017Quarter-End Backlog of $111.4 million, up 68.3% from Q3 2017 and up 6.9% sequentially     

BRIDGEVILLE, Pa., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales of $69.1 million for the third quarter of 2018, an... More