Universal Stainless & Alloy (USAP) Tops Q2 EPS by 1c, Revenues Beat

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Universal Stainless Reports Second Quarter 2020 Results

July 29, 2020 6:45 AM EDT

Q2 2020 Sales total $52.5 million; Premium alloy sales rise 62.3% sequentiallyQ2 2020 Net Loss of $3.3 million, or $0.38 per diluted share; Net loss of $2.4 million, or $0.27 per diluted share, excluding charges in response to the COVID-19 pandemicEBITDA totals $1.4 million in Q2 2020 Quarter-end Backlog of $71.8 million versus $110.7 million at end of Q1 2020Q2 2020 cash flow from operations totaled $7.4 million

BRIDGEVILLE, Pa., July 29, 2020 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today... More