Previous Close | 29.06 |
Open | 29.09 |
Bid | 27.00 x 100 |
Ask | 27.46 x 100 |
Day's Range | 27.20 - 29.09 |
52 Week Range | 9.13 - 30.47 |
Volume | |
Avg. Volume | 101,611 |
Market Cap | 250.133M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 51.42 |
EPS (TTM) | 0.53 |
Earnings Date | Jul 23, 2024 - Jul 29, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 30.00 |
USAP reports significant growth in Q1 2024, with record gross margins and a robust increase in net income, signaling a positive trajectory for the year.
Strong Aerospace Demand Fuels Near-Record Sales and Enhanced Profitability
Q1 2024 Sales of $77.6 million vs. record $79.8 million in Q4 2023; up 18% from Q1 2023Q1 2024 Gross Margin reaches 18.9% of sales, highest since Q1 2012, despite $1.3 million raw material headwindQ1 2024 Net Income up 59% from Q4 2023 to $4.1 million, or $0.43 per diluted share Cash flow from operations totals $10.3 million, up 39% from Q4 2023 Backlog increases to $325 million on strong order entry BRIDGEVILLE, Pa., May 01, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (N