Universal Stainless(USAP) - 2024 Q3 - Quarterly Results

Exhibit 99.1 CONTACTS:Christopher M. Zimmer June Filingeri President and President Chief Executive Officer Comm-Partners LLC (412) 257-7604 (203) 972-0186 Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024 ■ Q3 2024 Net Sales are a record $87.3 million; Aerospace sales top $200 million YTD ■ Q3 2024 Net Income increased to record $11.1 million, or $1.11 per diluted share ■ Gross Margin remained strong at 25.2% of sales BRIDGEVILLE, PA, October 30, 2024 – Universal Stainless & A ...