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25 Jan
21:28

Universal Stainless suffers Q4 earnings loss

Bridgeville, Pennsylvania-based Universal Stainless & Alloy Products' fourth quarter performance results fell in line with the company's expectations, with the company incurring a loss of nearly $4 million despite strong sales growth for the period. Kallanish understands that the company suffered a $3.7m net loss on sales of $56.2m at the end of last year, with the company attributing the loss to rising war material prices. The company's net loss f…
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