TribLIVE

| News


Univeral Stainless profit reduced on corrected results

About Kim Leonard
Kim Leonard 412-380-5606
Assistant Metro Editor
Pittsburgh Tribune-Review



Contact Us | Video | RSS | Mobile



By Kim Leonard

Published: Monday, November 5, 2012, 9:48 a.m.
Updated: Monday, November 5, 2012

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.

Most Popular News

You must be signed in to add comments

To comment, click the Sign in or sign up at the very top of this page.

There are currently no comments for this story.
Subscribe today! Click here for our subscription offers.