AP NEWS
Click to copy
Click to copy

Universal Stainless: 2Q Earnings Snapshot

July 24, 2019

BRIDGEVILLE, Pa. (AP) _ Universal Stainless & Alloy Products Inc. (USAP) on Wednesday reported second-quarter earnings of $2.1 million.

The Bridgeville, Pennsylvania-based company said it had net income of 24 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.

The specialty steel maker posted revenue of $71 million in the period.

Universal Stainless shares have risen slightly more than 2% since the beginning of the year. The stock has decreased 37% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USAP at https://www.zacks.com/ap/USAP

All contents © copyright 2019 The Associated Press. All rights reserved.