Ultralife Corporation Bottom Line Declines 43% In Q2

(RTTNews) - Ultralife Corporation (ULBI) revealed a profit for second quarter that lost ground from last year.

The company said its bottom line came in at $0.45 million, or $0.03 per share. This was down from $0.79 million, or $0.05 per share, in last year's second quarter.

The company said revenue for the quarter rose 7.4% to $20.37 billion. This was up from $18.96 billion last year.

Ultralife Corporation earnings at a glance:

-Earnings (Q2): $0.45 Mln. vs. $0.79 Mln. last year. -Earnings Decline (Y-o-Y): -43.0% -EPS (Q2): $0.03 vs. $0.05 last year. -EPS Decline (Y-o-Y): -40.0% -Revenue (Q2): $20.37 Bln vs. $18.96 Bln last year. -Revenue Change (Y-o-Y): 7.4%