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ULBI Ultralife News Story

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Power solutions firm Ultralife's Q3 revenue up 21.5%

Overview

Ultralife Q3 revenue rises 21.5% yr/yr, driven by Electrochem acquisition

Company reports Q3 GAAP EPS of ($0.07), down from $0.02 last year

Ultralife incurs $1.0 mln operating loss due to one-time costs and lower margins

Outlook

Company expects annual savings of $0.8 mln from Calgary facility closure by Q1 2026

Ultralife intensifies lean initiatives to improve supply chain resiliency

Company aims to advance new products into production and capitalize on large programs

Result Drivers

ELECTROCHEM ACQUISITION - Revenue growth driven by inclusion of Electrochem Solutions, boosting Battery & Energy Products sales

SUPPLY CHAIN ISSUES - Manufacturing inefficiencies and delayed orders impacted profitability, per CEO Mike Manna

CALGARY FACILITY CLOSURE - One-time costs related to closing facility affected operating income

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$43.37 mln
Q3 EPS-$0.07
Q3 Net Income-$1.25 mln
Q3 Adjusted EBITDA$2.05 mln
Q3 Operating Expenses$10.57 mln
Q3 Operating Income-$951,000
Q3 Pretax Profit-$1.75 mln
Press Release: ID:nGNX4jWF2K For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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