04.05.2017 13:23:12

Ultralife Corporation Q1 Profit Rises 453%

(RTTNews) - Ultralife Corporation (ULBI) released earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line totaled $1.66 million, or $0.11 per share. This was up from $0.30 million, or $0.02 per share, in last year's first quarter.

The company said revenue for the quarter rose 5.8% to $22.04 million. This was up from $20.83 million last year.

Ultralife Corporation earnings at a glance:

-Earnings (Q1): $1.66 Mln. vs. $0.30 Mln. last year. -Earnings Growth (Y-o-Y): 453.3% -EPS (Q1): $0.11 vs. $0.02 last year. -EPS Growth (Y-o-Y): 450.0% -Revenue (Q1): $22.04 Mln vs. $20.83 Mln last year. -Revenue Change (Y-o-Y): 5.8%

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Ultralife Batteries Inc. 7,14 -4,93% Ultralife Batteries Inc.