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0.00496277915632744 0.00496277915632744 0.00496277915632744 -0.0496277915632755 -0.0880893300248139 -0.100496277915633 -0.108883374689826 -0.0707196029776675
Stock impact report

Ultralife Corporation Reports Fourth Quarter Results

Ultralife Corporation (ULBI) 
Company Research Source: GlobeNewswire
NEWARK, N.Y., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating income of $1.1 million on revenue of $20.9 million for the fourth quarter ended December 31, 2018 compared to operating income of $2.1 million on revenue of $22.5 million for the fourth quarter of 2017.  For fiscal year 2018, Ultralife produced operating income of $6.6 million on revenue of $87.2 million compared to operating income of $6.5 million on revenue of $85.5 million for 2017. “During the fourth quarter our Battery and Energy Products revenue grew 8% year-over-year from increases in both our commercial and government defense markets, with medical sales up 14%.  However, at Communications Systems, after four consecutive quarters of double digit revenue growth, fourth quarter sales decreased year-over-year due to modifications to production and initial shipment schedules under the $19 million in delivery contracts received in October 2018 for the U.S. Army.  Shipments are Show less Read more
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