Universal Stainless & Alloy (USAP) Misses Q1 EPS by 10c, Revenues Miss

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Universal Stainless Reports First Quarter 2019 Results

April 24, 2019 6:45 AM EDT

Q1 2019 Sales of $60.3 million, up 5.6% from Q4 2018Q1 2019 Net Income of $1.2 million, or $0.14 per diluted share, versus $0.6 million, or $0.07 per diluted share, in Q4 2018 EBITDA totals $7.0 million in Q1 2019 versus $5.4 million in Q4 2018 Quarter-End Backlog of $130.1 million, up 3.1% from Q4 2018

BRIDGEVILLE, Pa., April 24, 2019 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2019 were $60.3 million, an increase of 5.6% from $57.1 million in the fourth quarter of 2018, although... More