Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024
Universal Stainless & Alloy Products, Inc. (USAP)
Last universal stainless & alloy products, inc. earnings: 4/22 06:45 am
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Source: GlobeNewswire
Q3 2024 Net Sales are a record $87.3 million; Aerospace sales top $200 million YTDQ3 2024 Net Income increased to record $11.1 million, or $1.11 per diluted shareGross Margin remained strong at 25.2% of sales BRIDGEVILLE, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported record net sales of $87.3 million for the third quarter of 2024, an increase of 5% from the second quarter of 2024, and up 22% from the third quarter of 2023. Year-to-date net sales of $247.6 million were up 20% from the same period in 2023. Third quarter premium alloy sales were a record $23.7 million, or 27.1% of sales, up 14% from the 2024 second quarter and up 44% from the third quarter of 2023. Year-to-date premium alloy sales increased 37% to $64.5 million, or 26.0% of sales. Aerospace is the Company's largest market for premium alloy products. Third quarter aerospace sales reached a record $71.4 million, or 81.8% of sales
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News
- USAP Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Universal Stainless & Alloy Products to AperamGlobeNewswire
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. - USAPPR Newswire
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. – USAPGlobeNewswire
- Universal Stainless & Alloy Products Merger Arbitrage Play [Seeking Alpha]Seeking Alpha
- UNIVERSAL STAINLESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Universal Stainless & Alloy Products, Inc. - USAPBusiness Wire
USAP
Earnings
- 10/30/24 - Beat
USAP
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- USAP's page on the SEC website