Universal Stainless & Alloy (USAP) Tops Q1 EPS by 13c, Revenues Beat
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Universal Stainless Reports Improved First Quarter 2021 Results
April 21, 2021 6:45 AM EDTQ1 2021 Sales rise 18.2% sequentially to $37.0 million; Premium alloy sales up 26.6% from Q4 2020Q1 2021 Net Loss is $4.5 million, or $0.51 per diluted share; Net loss is $2.6 million, or $0.29 per diluted share, excluding $2.6 million (pre-tax) of fixed cost absorption chargesQ1 2021 Adjusted EBITDA is $2.1 million; EBITDA is a loss of $0.7 millionQuarter-end Backlog increases 21.0% to $58.0 million versus $48.0 million at end of Q4 2020
BRIDGEVILLE, Pa., April 21, 2021 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales for the first... More
