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0 0 0.00105485232067508 0.0506329113924051 0.0622362869198312 0.0295358649789029 0.0327004219409283 -0.00738396624472577
Stock impact report

Ultralife Corporation Reports Fourth Quarter Results [Yahoo! Finance]

Ultralife Corporation (ULBI) 
Company Research Source: Yahoo! Finance
Fourth Quarter Highlights: Sales of $44.5 million representing a 23.4% year-over-year increase Highest medical sales quarter in Company's history Operating income of $3.6 million versus $0.2 million for the 2022 fourth quarter Adjusted EPS of $0.18 compared to a loss of $0.03 for the 2022 fourth quarter Adjusted EBITDA of $4.8 million representing a 134.8% year-over-year increase Backlog of $103.5 million exiting 2023, a 2.4% sequential increase over third quarter Fiscal Year 2023 Highlights: Sales of $158.6 million representing a 20.3% year-over-year increase Operating income of $9.5 million versus $0.1 million for 2022 Adjusted EPS of $0.52 compared to a loss of $0.07 for 2022 Adjusted EBITDA of $15.7 million representing a 138.8% year-over-year increase “Ultralife performed exceedingly well in the fourth quarter, delivering higher Communications Systems revenue, a 360-basis point expansion of Battery & Energy Products' gross margin and operating expense lev Show less Read more
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