Espey Mfg. & Electronics Corp. reports first quarter results
Espey Mfg. & Electronics Corp. (ESP)
NASDAQ:AMEX Investor Relations:
espey.com
Company Research
Source: GlobeNewswire
SARATOGA SPRINGS, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first three months of fiscal year 2025. Net sales for the first quarter of fiscal year 2025, July 1 to September 30, 2024, were $10,443,218, compared with last year's first quarter net sales of $8,568,214. Net income for the quarter was $1,598,317, $0.61 per diluted share, as compared to net income of $1,094,544, $0.44 per diluted share for the same quarter last year. The backlog for the Company was approximately $94.6 million at September 30, 2024, compared with last year's backlog of approximately $87.1 million at September 30, 2023. New orders in the first three months of fiscal year 2025 were approximately $7.8 million, compared with new orders in the first three months of fiscal year 2024 of $12.1 million. Mr. David O’Neil, President and CEO, commented, The financial results for this quarter were excellent and on par with our expectations.
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News
- Espey Declares Regular Quarterly Dividend of $0.25 Per Share; Appoints New Corporate SecretaryGlobeNewswire
- Espey Shares Down Despite Solid Y/Y Q1 Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Espey Mfg. & Electronics GAAP EPS of $0.73, revenue of $11.61M [Seeking Alpha]Seeking Alpha
- Espey Mfg. & Electronics Corp. reports fourth quarter and year-end resultsGlobeNewswire
ESP
Sec Filings
- 12/9/24 - Form 8-K
- 12/9/24 - Form 4
- 11/13/24 - Form 10-Q
- ESP's page on the SEC website