Ultralife Corp reports results for the quarter ended in March - Earnings Summary

Ultralife

28/04/2022 21:33

* Ultralife Corp  ULBI.OQ  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 5 cents per
share.
    * Revenue rose 16.9% to $30.37 million from a year ago; 
analysts
expected $25.60 million. 
    * Ultralife Corp's reported EPS for the quarter was a loss
of 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 400%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ultralife Corp shares had fallen by 13.5% this quarter and
lost 23.1% so far this year.
    * The company reported a quarterly loss of $168 thousand.
    * Wall Street's median 12-month price target for Ultralife
Corp is
$12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 28 at 08:33 p.m.  ​All
figures in US dollars unless otherwise stated