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

Ultralife

26/10/2023 15:49

* Ultralife Corp  ULBI.OQ  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for earnings of 10
cents per share.
    * Revenue rose 18.8% to $39.49 million from a year ago;
analysts
expected $39.50 million. 
    * Ultralife Corp's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.1%
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 5.7% this quarter and
gained 138.3% so far this year.
    * The company reported quarterly net income of $1.33
million.
    * 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
October 26 at 02:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.10           0.10           Met
 Jun. 30 2023      0.04           0.29           Beat
 Mar. 31 2023      -0.10          -0.01          Beat