Ultralife Corp. (ULBI) Reports Q4 EPS of $0.05
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Go back to Ultralife Corp. (ULBI) Reports Q4 EPS of $0.05
February 12, 2015 7:00 AM EST
NEWARK, N.Y., Feb. 12, 2015 (GLOBE NEWSWIRE) -- Ultralife Corporation (Nasdaq: ULBI) reported operating income of $1.0 million on revenue of $19.9 million for the quarter ended December 31, 2014. For the fourth quarter of 2013, the Company reported operating income of $0.2 million on revenue of $20.2 million.
"Consistent with our objectives, in 2014 we realized initial returns on the new product development investments made in power systems designed for medical devices and carts, portable power solutions, and integrated communications systems, while we expanded our global sales footprint. Battery & Energy Products contributed profitable growth with sales of commercial products increasing 32% and... More
