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. Steelers wrap lackluster preseason with loss to Panthers
  2. Steelers notebook: Safety Mitchell faces former team, hurts leg
  3. Young adults drive home rental trend in Western Pennsylvania
  4. LaBar: Jake ‘The Snake’ Roberts reportedly hospitalized
  5. DEP releases details of cases of drinking well contamination from drilling
  6. Government approves compromise on Corbett’s alternative Medicaid plan
  7. New Ken-Arnold board asked to mediate between football groups
  8. Man found in store parking lot not shooting victim, Pittsburgh police say
  9. Preseason valuable for Steelers’ offensive line
  10. Penguins confident Pouliot will be healthy, ready for camp
  11. Abercrombie name to shrink from clothing
Subscribe today! Click here for our subscription offers.