Universal Stainless Reports Fourth Quarter 2019 Results
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Universal Stainless & Alloy (USAP) Misses Q4 EPS by 11c, Revenues Miss
January 22, 2020 6:47 AM ESTUniversal Stainless & Alloy (NASDAQ: USAP) reported Q4 EPS of $0.02, $0.11 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $55.2 million versus the consensus estimate of $59.51 million.
Q4 2019 Sales total $55.2 million; Aerospace sales reach record $170.4 million for 2019Q4 2019 Net Income of $0.2 million, or $0.02 per diluted shareEBITDA totals $5.5 million in Q4 2019Quarter-end Backlog of $119.1 million, versus $118.3 million at end of Q3 2019Chairman, President and CEO Dennis Oates commented: Aerospace sales remained solid in the fourth quarter at $37.6 million, or 68.2% of total sales, increasing 7.2% from the fourth quarter of... More
