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

Ultralife

27/04/2023 14:33

* 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 10 cents per
share.
    * Revenue rose 5.1% to $31.92 million from a year ago;
analysts
expected $27.00 million. 
    * Ultralife Corp's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 433.3% 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 risen by 0.9% this quarter and
gained 5.1% so far this year.
    * The company reported a quarterly loss of $346 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 from LSEG Refinitiv data
April 27 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.10          -0.01          Beat
 Sep. 30 2022      0.04           -0.01          Missed
 Jun. 30 2022      0.01           0.03           Beat