Universal Stainless Q2 EPS $(0.11) Beats $(0.25) Estimate, Sales $38.50M Miss $40.20M Estimate

Universal Stainless (NASDAQ:USAP) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.25) by 56 percent. This is a 59.26 percent increase over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $38.50 million which missed the analyst consensus estimate of $40.20 million by 4.23 percent. This is a 26.64 percent decrease over sales of $52.48 million the same period last year.