Universal Stainless (NASDAQ:USAP) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.11) by 45.45 percent. This is a 45.45 percent decrease over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $52.20 million which beat the analyst consensus estimate of $51.55 million by 1.26 percent. This is a 35.58 percent increase over sales of $38.50 million the same period last year.
BofA Coins New FANG Equivalent For Semiconductor Stocks, ‘MANGO’
BofA analyst Vivek Arya's recent discussions with investors about the U.S. Semiconductors sector have "overwhelmingly" been focused more on cycle worries such as peaking demand and rising Capex than company fundamentals.
