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25 Apr
20:21

Universal Stainless sales surge in first quarter

Universal Stainless & Alloy Products witnessed a strong year-on-year uptick in its first-quarter sales, leading to a Q1 profit of $2.1 million, Kallanish reports. Universal’s sales increased 30.4% from Q1 2017 to Q1 2018, reaching $63.7m. The company posted a Q1 2017 loss of $1.2m. “The substantial growth in our first quarter sales and profitability was driven by continued positive momentum in our marketplace, along with the increasing tractio…
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