TribLIVE

| Home


Weather Forecast
 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Univeral Stainless profit reduced on corrected results

Daily Photo Galleries

Monday, Nov. 5, 2012, 9:48 a.m.
 

Universal Stainless & Alloy Products Inc. corrected its third-quarter results on Monday, saying an incorrect customer invoice was discovered and a credit memo has been issued.

Previously reported sales for the third quarter were cut by $900,000 to $61.4 million. With the fix, the Bridgeville-based stainless steel maker said it earned a profit of $2.75 million, or 38 cents a share for the three months ended Sept. 30.

That's a change from $3.27 million, or 45 cents.

 

 
 


Show commenting policy

Most-Read Stories

  1. Federal appeals court deals blow to Affordable Care Act
  2. PNC Park concert prompts officials to make changes
  3. Judge sets trial to determine August Wilson Center’s future
  4. Pa. auditor cites flaws in gas drilling regulation
  5. McCandless residents voice opposition to Wal-Mart plan
  6. Castle Shannon mayor honored by statewide association
  7. ‘Last of the downtown mansions’ demolished in McKeesport
  8. Rossi: Liriano no ace, but he’s Bucs’ key
  9. UPMC McKeesport president reiterates hospital will remain open
  10. 1 intruder killed, another injured in Carrick home invasion
  11. Squirrel Hill street that had been paved getting another pave job
Subscribe today! Click here for our subscription offers.