Espey Manufacturing (ESP) Reports Q3 EPS of $0.22

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Espey Mfg. & Electronics Corp. Reports Third Quarter and Nine Month Results

May 14, 2015 4:55 PM EDT

SARATOGA SPRINGS, NY -- (Marketwired) -- 05/14/15 -- Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) reports the results for the third quarter and the first nine months of fiscal year 2015, ended March 31, 2015.

Net sales for the third quarter of fiscal year 2015, January 1 to March 31, 2015, were $6,470,286 as compared with last fiscal year's third quarter net sales of $6,549,623. Net income for the period was $506,369, $.22 per diluted share, as compared with net income of $706,030, $.31 per diluted share for the corresponding period last fiscal year.

For the first nine months of fiscal year 2015, July 1, 2014 to March 31, 2015, net sales were... More