{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014076","form_type":"8-K","ticker":null,"cik":"0000931584","company_name":"UNIVERSAL STAINLESS & ALLOY PRODUCTS INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.537648+00:00","generated_at":"2026-06-03T03:48:27.918531+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 Q1 net income $4.1M ($0.43 EPS), sales $77.6M, gross margin 18.9%, backlog $325M","bullets":["Q1 2024 sales $77.6M (second highest), up 18% vs Q1 2023; premium alloy sales $20.1M (25.9% of sales).","Net income $4.1M ($0.43 diluted EPS), up 59% from Q4 2023; operating income rose 51% to $7.3M.","Gross margin 18.9% of sales—highest since Q1 2012—despite $1.3M raw material headwind.","Aerospace sales $60.2M (77.5% of sales); backlog $325.1M, up from $318.2M at year-end; avg selling price per pound up 19% YoY.","Cash from ops $10.3M; total debt reduced $4.3M to $81.2M; FY2024 capex expected ~$18M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014076","json":"https://secwatch.observer/filing/0001437749-24-014076.json","markdown":"https://secwatch.observer/filing/0001437749-24-014076.md","text":"https://secwatch.observer/filing/0001437749-24-014076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931584/000143774924014076/0001437749-24-014076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931584/000143774924014076/usap20240412_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:48:27.918531+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":"1633c297368987db7b507a59c2d60e247cf6045b","claim":"UNIVERSAL STAINLESS & ALLOY PRODUCTS INC reported the quarter ended March 31, 2024 results: revenue $77.6 million, net income $4.1 million, EPS $0.43 per diluted share.","evidence_excerpt":"Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales of $77.6 million for the first quarter of 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/931584/000143774924014076/0001437749-24-014076-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$77.6 million"},{"label":"Net income","value":"$4.1 million"},{"label":"EPS","value":"$0.43 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}