Universal Stainless & Alloy Products Files For Non Timely 10-K, Plans To Report Total Sales For Q4 Of 2023 Approximated $78M-$80M
Portfolio Pulse from Benzinga Newsdesk
Universal Stainless & Alloy Products (USAP) has filed for a non-timely 10-K, indicating a delay in their annual report submission. The company also provided a sales forecast for Q4 of 2023, estimating total sales to be between $78M and $80M.
March 15, 2024 | 7:02 pm
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Universal Stainless & Alloy Products announced a delay in their 10-K filing and estimated Q4 2023 sales to be between $78M and $80M.
The delay in the 10-K filing might concern investors due to the lack of timely financial transparency. However, the forecasted sales figures for Q4 2023 could offset some concerns by indicating potentially strong performance. The net impact on the stock price is uncertain, as positive sales forecasts may balance out the negative perception of a filing delay.
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