Universal Stainless & Alloy Products

Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other premium alloyed steels. Its products are sold to service centers, forgers, rerollers, and original equipment manufacturers in the aerospace, power generation, oil and gas, heavy equipment, and general industrial markets. The company was founded in 1994 and is headquartered in Bridgeville, PA.

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Universal Stainless & Alloy Products reports record sales amid challenges

Universal Stainless & Alloy Products reported strong Q4 2022 performance with record premium alloy sales and a high order backlog.
Despite challenges like lower gross margins and a net loss, the company remains optimistic about market opportunities in aerospace and premium products.
Strategic investments in technology and capacity expansion position Universal Stainless for future growth and increased market share.
The company aims to address ongoing challenges like supply chain issues while capitalizing on opportunities in key markets like aerospace and oil & gas.

Universal Stainless & Alloy Products beats Q1 expectations, eyes growth

USAP's Q1 2023 performance exceeded expectations, driven by aerospace demand and premium alloy sales, with a record high order backlog of $366 million.
Despite challenges like labor availability and supply chain bottlenecks, the company showcased operational improvements and strong financial metrics.
With a focus on long-term growth, USAP aims for higher margins, improved inventory turnover, and capitalizing on opportunities in aerospace, oil & gas, and defense markets.

Universal Stainless & Alloy Products (USAP) reports strong Q2 performance and growth outlook

Universal Stainless & Alloy Products (USAP) demonstrated strong financial performance in Q2 2023, with notable sales growth and profitability improvements. Despite facing challenges like shipment timing and metal price fluctuations, the company remains resilient and focused on growth opportunities.
USAP's strengths in aerospace sales, debt reduction, and market positioning bode well for its future performance. By navigating challenges and leveraging opportunities in various end markets, USAP is poised for continued success and sustainable growth in the industry.
Investors should take note of USAP's solid financial metrics, strategic initiatives, and market potential. With a clear focus on operational efficiency, debt management, and growth strategies, USAP is well-positioned to capitalize on market trends and drive shareholder value.

Universal Stainless & Alloy Products reports stellar Q3 performance and optimistic outlook

Universal Stainless & Alloy Products (USAP) showcased robust financial performance in Q3 2023, marked by record sales, improved margins, and increased profitability.
The company's strategic focus on premium alloy sales, cost management, and operational efficiency has yielded positive results and positioned it for future growth.
With a new CEO at the helm and a positive outlook for the coming quarters, USAP is well-positioned to capitalize on opportunities and navigate challenges effectively.

Universal Stainless & Alloy Products (USAP) reports record sales and growth opportunities

USAP's Q4 2023 earnings call highlighted strong financial performance, record sales, and strategic initiatives for growth. Despite challenges like raw material misalignment and internal control weaknesses, the company remains optimistic about growth momentum for 2024 and beyond.

Universal Stainless & Alloy Products (USAP) achieves record margins and profitability in Q1 2024

Universal Stainless & Alloy Products (USAP) demonstrated strong financial performance in Q1 2024, with record margins and profitability. Despite challenges in the aerospace sector, the company's strategic investments and market focus have yielded positive results. USAP is poised to leverage opportunities in energy, heavy equipment, and general industrial markets for continued growth.

Universal Stainless reports record Q2 sales driven by aerospace

Universal Stainless & Alloy Products delivered a strong performance in Q2 2024, driven by record sales and aerospace market demand.
The company's strategic focus on premium alloys, operational efficiency, and financial management strengths position it for future growth.
While facing challenges in managing capital expenditures and market risks, Universal Stainless has opportunities to leverage aerospace market growth and enhance its market position.
Overall, Universal Stainless is well-positioned to navigate market dynamics, capitalize on growth opportunities, and drive value for stakeholders.

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Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other premium alloyed steels. Its products are sold to service centers, forgers, rerollers and original equipment manufacturers in the aerospace, power generation, oil and gas, heavy equipment and general industrial markets. The company was founded in 1994 and is headquartered in Bridgeville, PA.

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NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and USAP on Behalf of Shareholders

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While 2024 brought significant hurdles for the steel industry, CRS, USAP, FSTR and WS showed remarkable resilience and delivered solid returns on the bourses.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Universal Stainless & Alloy Products, Inc. (NasdaqGS: USAP) to Aperam. Under the terms of the proposed transaction, shareholders of Universal will receive $45.00 in cash for each share of Universal that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq.

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. - USAP

MONSEY, N.Y., Oct. 31, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Universal Stainless & Alloy Products (Nasdaq: USAP) (“Universal”) to Aperam for $45.00 per share in cash.

USAP Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Universal Stainless & Alloy Products to Aperam

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.

Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024

NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Universal Stainless & Alloy Products Inc. (Nasdaq: USAP ), relating to its proposed merger with Aperam US Absolute LLC.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. - USAP

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Universal Stainless & Alloy Products Inc. ( Nasdaq: USAP ), relating to its proposed merger with Aperam US Absolute LLC. Under the terms of the agreement, all USAP shares will be automatically converted into the right to receive $45.00 per share.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. – USAP

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NEW YORK , Oct. 18, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) and its board of directors concerning the proposed acquisition of the company by Aperam. Stockholders will receive $45.00 for each share of Universal Stainless stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Universal Stainless & Alloy Products, Inc.

Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP ) M&A Conference Call October 17, 2024 9:00 AM ET Company Participants June Filingeri - President, Comm-Partners LLC Christopher Zimmer - President and Chief Executive Officer Conference Call Participants Philip Gibbs - KeyBanc Capital Markets Inc. Operator Good day and thank you for standing by. Welcome to the Universal Stainless Conference Call.

Universal Stainless & Alloy Products, Inc. (USAP) M&A Call Transcript

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) to Aperam for $45.00 per share in cash is fair to Universal shareholders. Halper Sadeh encourages Universal shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns.

USAP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Universal Stainless & Alloy Products, Inc. Is Fair to Shareholders

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Universal (Nasdaq: USAP) for possible breaches of fiduciary duty and other violations of law in its transaction with Aperam. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Universal shareholders will receive only $45.00 per share in cash. The transaction agreement unreasonably limits competing transactions for Universal by imposing a.

Shareholder Alert: Ademi LLP Investigates Whether Universal Stainless & Alloy Products, Inc. Is Obtaining a Fair Price for Its Public Shareholders

- Conference Call Scheduled at 9:00 AM (ET) TODAY - Universal stockholders to receive $45.00 per share in cash, a 19% premium to three-month volume-weighted average stock price; 10.6x trailing 12-month Adjusted EBITDA Universal to become part of leader in stainless, specialty steel solutions and recycling, with complementary capabilities and strong financial resources Universal to maintain distinct U.S. identity; team and operations to remain intact BRIDGEVILLE, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) (“Universal” or the “Company”) announced today that it has entered into a definitive agreement to be acquired by Aperam in an all-cash transaction.

Universal Stainless Signs Definitive Agreement to be Acquired by Aperam for $45.00 Per Share in All-Cash Transaction

Universal Stainless has seen a 400% share price increase since December 2023, mainly driven by strong aerospace market growth. USAP's backlog has declined 16% YoY, potentially indicating future sales pressures, although I believe that improved lead times partly explain this reduction. Despite some headwinds, I expect continued aerospace demand and revenue growth, supported by positive cash flows and a continuous reduction in debt.

Universal Stainless: Aerospace Market Growth Remains Strong

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Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants June Filingeri - President, Comm-Partners LLC Chris Zimmer - President & Chief Executive Officer Steve DiTommaso - Vice President & Chief Financial Officer Conference Call Participants Phil Gibbs - KeyBanc Bob Sales - LMK Capital Management Operator Good day, and thank you for standing by. Welcome to the Universal Stainless Second Quarter Conference Call.

Universal Stainless & Alloy Products, Inc. (USAP) Q2 2024 Earnings Call Transcript

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.

Universal Stainless Reports Record Sales and Profitability in Second Quarter of 2024

BRIDGEVILLE, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has reached a new five-year collective bargaining agreement covering the hourly production and maintenance employees at its North Jackson facility represented by Local Unit 2332-2 of the United Steelworkers.

Universal Stainless Reaches New Five-Year Labor Agreement at its North Jackson Facility

BRIDGEVILLE, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that it will report financial results for the second quarter of 2024 on Wednesday, July 31, 2024. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on July 31st. The call will be webcast simultaneously for all interested parties.

Universal Stainless to Webcast Second Quarter 2024 Results Conference Call on July 31st

BRIDGEVILLE, Pa., July 01, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has agreed with Local 2332-2 of the United Steelworkers to a seventeen-day continuance of the collective bargaining agreement covering the hourly production and maintenance employees at the Company's North Jackson facility, subject to a 7-day termination notice by either party. The continuance provides additional time to negotiate a mutually acceptable labor agreement.

Universal Stainless Reports North Jackson Labor Contract Continuance

Solid first-quarter performance on the back of the strength in aerospace contributes to the rally in Universal Stainless' (USAP) shares.

Universal Stainless (USAP) Rallies 78% in 6 Months: Here's Why

Universal Stainless' (USAP) rally reflects a robust first-quarter performance on the back of record aerospace sales.

Universal Stainless (USAP) Surges 48% in 3 Months: Here's Why

BRIDGEVILLE, Pa., June 04, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it is set to join the broad-market Russell 2000 and 3000 Indexes at the conclusion of the annual reconstitution of the 2024 Russell US Indexes, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th.

Universal Stainless Set to Join Russell 2000 and 3000® Indexes

Universal Stainless (USAP) Shares Scale 52-Week High: Here's Why

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A pullback in steel prices and the sluggishness in China mar prospects for the Zacks Steel Producers industry. STLD, TX and USAP are well poised to navigate the current challenging environment.

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