Universal Stainless & Alloy (USAP) Misses Q1 EPS by 15c

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Universal Stainless Reports First Quarter 2020 Results

April 22, 2020 6:45 AM EDT

Q1 2020 Sales total $58.5 million; Aerospace sales rise 12.7% sequentiallyQ1 2020 Net Loss of $1.4 million, or $0.16 per diluted share EBITDA totals $4.0 million in Q1 2020 Quarter-end Backlog of $110.7 million versus $119.1 million at end of Q4 2019

BRIDGEVILLE, Pa., April 22, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2020 were $58.5 million, an increase of 6.0% from $55.2 million in the fourth quarter of 2019, and 2.9% lower than $60.3... More