{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-009703","form_type":"8-K","ticker":null,"cik":"0000931584","company_name":"UNIVERSAL STAINLESS & ALLOY PRODUCTS INC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.339662+00:00","generated_at":"2026-06-04T06:53:07.242132+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Universal Stainless reports record 2023 sales $285.9M, net income $4.9M, strong aerospace demand","bullets":["Full-year 2023 sales $285.9M (+42% YoY); net income $4.9M ($0.53 diluted EPS) vs loss of $8.1M in 2022.","Q4 sales $79.8M (record); gross margin 16.4% (highest since Q2 2018) despite $1.6M raw material headwind.","Premium alloy sales $68.1M in 2023 (+74% YoY); aerospace sales $216.1M (+57%), driving record mix.","Backlog $318.2M with premium alloys 36%; two new VAR furnaces qualified and released into production.","Total debt reduced to $85.6M from $98.4M at end-2022; managed working capital down to $148.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-009703","json":"https://secwatch.observer/filing/0001437749-24-009703.json","markdown":"https://secwatch.observer/filing/0001437749-24-009703.md","text":"https://secwatch.observer/filing/0001437749-24-009703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931584/000143774924009703/0001437749-24-009703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931584/000143774924009703/usap20240130_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:53:07.242132+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0e2969839f352dcf269e56b965ee5f81eb1d49b2","claim":"UNIVERSAL STAINLESS & ALLOY PRODUCTS INC reported preliminary financial results for the quarter and year ended December 31, 2023.","evidence_excerpt":"On March 28, 2024, Universal Stainless & Alloy Products, Inc. (the “Company”) issued a press release including, among other things, certain preliminary financial information for the Company’s quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/931584/000143774924009703/0001437749-24-009703-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}