Universal Stainless Reports Record Sales and Profitability in Second 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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univstainless.com
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Source: GlobeNewswire
Q2 2024 Net Sales are record $82.8 millionGross Margin hits new record high of 25.4% of sales in Q2 2024Q2 2024 Net Income more than doubles from Q1 2024 to record $8.9 million, or $0.90 per diluted shareAdjusted EBITDA in Q2 2024 increases to record $18.5 million, or 22% of sales BRIDGEVILLE, Pa., July 31, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported record net sales of $82.8 million for the second quarter of 2024, an increase of 7% from the first quarter of 2024, and up 20% from the second quarter of 2023. Year-to-date net sales of $160.4 million were up 19% from the same period in 2023. Second quarter premium alloy sales totaled $20.7 million, or 25.0% of sales, up 61% from $12.9 million, or 18.6% of sales in the second quarter of 2023. Year-to-date premium alloy sales rose 34% to $40.8 million, or 25.4% of sales. Aer
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News
- Should You Invest in Universal Stainless & Alloy Products (USAP)? [Yahoo! Finance]Yahoo! Finance
- With 66% ownership of the shares, Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Universal Stainless & Alloy Products (NASDAQ:USAP) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Universal Stainless & Alloy Products Second Quarter 2024 Earnings: EPS: US$0.96 (vs US$0.099 in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- Universal Stainless Reaches New Five-Year Labor Agreement at its North Jackson FacilityGlobeNewswire
USAP
Earnings
- 3/28/24 - In-Line
USAP
Sec Filings
- 9/4/24 - Form 4
- 9/4/24 - Form 4/A
- 9/4/24 - Form 4
- USAP's page on the SEC website