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0.0224285714285714 0.0224285714285714 0.0293285714285715 0.0293285714285715 0.00214285714285722 0.00214285714285722 0.0142857142857144 0.0135714285714287
Stock impact report

Ultralife Corporation Reports First Quarter Results

Ultralife Corporation (ULBI) 
Company Research Source: GlobeNewswire
NEWARK, N.Y., April 30, 2020 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ:  ULBI) reported operating income of $1.5 million on revenue of $25.8 million for the first quarter ended March 31, 2020 compared to operating income of $0.5 million on revenue of $18.9 million for the first quarter of 2019.  “Ultralife posted strong results for the first quarter, delivering a leveraged operating profit of $1.5 million, up 171% over last year, on a 37% increase in revenue while contending with COVID-19 impacts including a month-long shutdown in China and supply chain disruptions,” said Michael D. Popielec, President and Chief Executive Officer. “As an essential supplier, while ensuring the health and safety of our employees by implementing the protocols established by state and federal public health officials, we are striving to ensure an uninterrupted flow of our mission critical products serving medical device, first responder, public safety, energy and national security customers.  We Show less Read more
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