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0.0709010339734122 0.0496898079763665 0.156336779911374 0.152141802067947 0.137370753323486 0.140324963072378 0.0873412112259971 0.103397341211226
Stock impact report

Ultralife Corporation Reports Third Quarter Results

Ultralife Corporation (ULBI) 
Company Research Source: GlobeNewswire
Board of Directors Authorizes Share Repurchase Program NEWARK, N.Y., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ:  ULBI) reported operating income of $1.5 million on revenue of $20.3 million for the third quarter ended September 30, 2018.  For the third quarter of 2017, the Company reported operating income of $1.3 million on revenue of $21.0 million.  “In the third quarter, Ultralife grew net income 30% and EPS 26% driven by a 25% increase in Communications Systems revenues, while overall revenue slightly declined.  These double-digit earnings gains demonstrate the ability of our leveraged business model to deliver increases in profitability even though sales may fluctuate by business unit quarter to quarter,” said Michael D. Popielec, President and Chief Executive Officer. “We are also delighted about the two recently announced Communications Systems delivery contracts totaling $19.2 million to supply our Vehicle Amplifier-Adaptors and Mounted Power Amplifier Show less Read more
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