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Jun 30, 2020
Universal Stainless Q2 2020 Earnings Report
Universal Stainless reported a net loss for Q2 2020, but premium alloy sales increased sequentially.
Key Takeaways
Universal Stainless & Alloy Products, Inc. reported a net loss of $3.3 million, or $0.38 per diluted share, for the second quarter of 2020. Sales totaled $52.5 million, while premium alloy sales rose 62.3% sequentially. The company's EBITDA totaled $1.4 million, and cash flow from operations was $7.4 million.
Q2 2020 sales totaled $52.5 million; premium alloy sales rose 62.3% sequentially.
Q2 2020 net loss was $3.3 million, or $0.38 per diluted share; net loss of $2.4 million, or $0.27 per diluted share, excluding charges in response to the COVID-19 pandemic.
EBITDA totaled $1.4 million in Q2 2020.
Q2 2020 cash flow from operations totaled $7.4 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company anticipates a sequential step-down in quarterly sales and operating activity for the balance of the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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