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Universal Stainless: 4Q Earnings Snapshot

BRIDGEVILLE, Pa. (AP) _ Universal Stainless & Alloy Products Inc. (USAP) on Wednesday reported fourth-quarter profit of $583,000.

The Bridgeville, Pennsylvania-based company said it had net income of 7 cents per share.

The specialty steel maker posted revenue of $57.1 million in the period.

For the year, the company reported profit of $10.7 million, or $1.28 per share. Revenue was reported as $255.9 million.

Universal Stainless shares have dropped 7 percent since the beginning of the year. The stock has fallen 33 percent in the last 12 months.


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