Universal Stainless & Alloy (USAP) Misses Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Universal Stainless Reports Improved Second Quarter 2022 Results
July 27, 2022 6:45 AM EDTQuarter-end Backlog reaches new record of $222.7 million, up 10% from record Q1 2022, up 125% from Q2 2021Q2 2022 Sales up 10% sequentially to $52.2 million; Premium alloy sales are 17% of total sales Q2 2022 Gross margin rises to 9.1% of sales. Gross margin is 12.6% of sales excluding AMJP grant benefit and charges incurred from liquid metal spill Q2 2022 Net loss narrows to $1.4 million, or $0.16 per diluted share; includes $0.16 of net expense from the AMJP grant benefit and liquid metal spill Q2 2022 EBITDA increases to $4.3 million; Adjusted EBITDA... More
