Universal Stainless Reports Record Sales and Profitability in Second Quarter of 2024
USAPUniversal Stainless(USAP) Newsfilter·2024-07-31 18:45

Q2 2024 Net Sales are record 82.8millionGrossMarginhitsnewrecordhighof25.482.8 million Gross Margin hits new record high of 25.4% of sales in Q2 2024 Q2 2024 Net Income more than doubles from Q1 2024 to record 8.9 million, or 0.90perdilutedshareAdjustedEBITDAinQ22024increasestorecord0.90 per diluted share Adjusted EBITDA in Q2 2024 increases to record 18.5 million, or 22% of sales 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 qua ...