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0 0.00401606425702803 0.0321285140562249 0.104016064257028 0.0534136546184738 0.0963855421686746 0.116465863453815 0.0783132530120482
Stock impact report

Espey Mfg. & Electronics Corp. reports fourth quarter and year-end results

Espey Mfg. & Electronics Corp. (ESP) 
NASDAQ:AMEX Investor Relations: espey.com
Company Research Source: GlobeNewswire
SARATOGA SPRINGS, N.Y., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2024. For the fiscal year ended June 30, 2024, the Company reported net sales of $38,736,319 compared with $35,592,323 for the fiscal year ended June 30, 2023. Net income for the year was $5,815,140, $2.29 per diluted share, compared with net income of $3,677,131, $1.49 per diluted share, for the fiscal year ended June 30, 2023. At June 30, 2024, the sales order backlog was $97.2 million, compared to last year’s backlog of $83.6 million at June 30, 2023. For the fourth quarter ended June 30, 2024, net sales were $11,610,911 compared with last year’s fourth quarter net sales of $8,342,803. The net income for the fourth quarter ended June 30, 2024 was $1,893,296, $0.73 per diluted share, compared with net income of $895,535, $0.36 per diluted share, for the corresponding period last year. Also, new or Show less Read more
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