Ultralife Corporation Reports Second Quarter Results
Ultralife Corporation (ULBI)
US:NASDAQ Investor Relations:
investor.ultralifecorporation.com/investor-relations
Company Research
Source: GlobeNewswire
NEWARK, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating results for the second quarter ended June 30, 2024 with the following highlights: Sales of $43.0 million compared to $42.7 million for the 2023 second quarter, including 8.3% growth in Battery & Energy Products sales to its highest level in the Company’s history for this segmentGross profit of $11.6 million, or 26.9% of revenue, compared to $10.6 million, or 24.8% of revenue, for the 2023 second quarterOperating income of $3.9 million, a 6.9% increase over the 2023 second quarterGAAP EPS of $0.18 compared to $0.21 which included recognition of our Employee Retention Credit equivalent to $0.07 per share for the 2023 second quarterAdjusted EBITDA of $5.4 million or 12.6% of sales versus $6.3 million or 14.7% last year, which included $1.5 million for our Employee Retention CreditBacklog of $93.0 million exiting the second quarterDebt reduction of $13.2 million, or 52.2%, to $12.1 m
Show less
Read more
Impact Snapshot
Event Time:
ULBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ULBI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ULBI alerts
High impacting Ultralife Corporation news events
Weekly update
A roundup of the hottest topics
ULBI
News
- Ultralife Corporation (ULBI): One of the Best Battery Stocks to Buy According to Short Sellers [Yahoo! Finance]Yahoo! Finance
- Ultralife Co. (NASDAQ: ULBI) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Ultralife Corporation (NASDAQ:ULBI) boasts of bullish insider sentiment with 36% ownership and they have been buying lately [Yahoo! Finance]Yahoo! Finance
- Ultralife Co. (NASDAQ: ULBI) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Ultralife Co. (NASDAQ: ULBI) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
ULBI
Sec Filings
- 9/3/24 - Form 4
- 9/3/24 - Form SC
- 7/25/24 - Form 10-Q
- ULBI's page on the SEC website