Universal Stainless & Alloy Products CEO Discusses Q3 2010 Results - Earnings Call Transcript

Universal Stainless & Alloy Products Inc. (USAP)

Q3 2010 Earnings Call

October 27, 2010 10:00 am ET

Executives

June Filingeri - Comm-Partners

Denny Oates - President and CEO

Doug McSorley - VP Finance, CFO and Treasurer

Analysts

Tim Hayes - Davenport & Company

Phil Gibbs - KeyBanc Capital Mark

Gregory Macosko - Lord Abbett

Presentation

Operator

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Good day ladies and gentlemen, and welcome to the USAP third quarter 2010 earnings call and webcast. At this time all participants are in a listen-only mode. Later we'll have a question-and-answer session and instructions will follow at that time. (Operator Instructions). As a reminder today's conference maybe recorded.

I would now like to turn the conference over to your host for today Ms. June Filingeri of Comm-Partners. Ma'am you may begin.

June Filingeri

Thank you, Mary. Good morning, this is June Filingeri. And I’d also would like to welcome you to the Universal Stainless & Alloy Products conference call. We are here to discuss the company's third quarter results, which were reported this morning. With us from management are Denny Oates, Chairman, President and Chief Executive Officer; Bill Beible, Senior Vice President of Operations; Paul McGrath, Vice President of Administration and General Counsel; and Doug McSorley, Vice President of Finance and Chief Financial Officer.

Before I turn the call over to management let me quickly review procedures. As Mary said after management will makes their formal remarks they will take your questions. The conference operate will instruct you on the procedures at that time. Also please note that in this morning’s call management will make forward-looking statements under the Private Securities Litigation Reform Act of 1995. I would like to remind you of the risk related to these statements which are more fully described in today's press release and in the company's filings with the Securities and Exchange Commission.