AP NEWS

Universal Stainless: 3Q Earnings Snapshot

October 23, 2019 GMT

BRIDGEVILLE, Pa. (AP) _ Universal Stainless & Alloy Products Inc. (USAP) on Wednesday reported third-quarter profit of $767,000.

The Bridgeville, Pennsylvania-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring gains, were 5 cents per share.

The specialty steel maker posted revenue of $56.6 million in the period.

Universal Stainless shares have declined 16% since the beginning of the year. The stock has decreased 39% in the last 12 months.

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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