Ultralife Corp. (ULBI) Reports Q2 EPS of $0.05

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Go back to Ultralife Corp. (ULBI) Reports Q2 EPS of $0.05

Ultralife Corporation Reports Second Quarter Results

July 30, 2015 7:00 AM EDT

NEWARK, N.Y., July 30, 2015 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating income of $0.8 million on revenue of $19.0 million for the quarter ended June 28, 2015. For the second quarter of 2014, the Company reported an operating loss of $1.3 million on revenue of $15.2 million.

"Our second quarter results demonstrate the operating leverage inherent in our business model and the success of our strategy to invest in new products, customers, markets and geographies. Following a strong first quarter performance, we delivered another quarter of 25% revenue growth and substantial gains in profitability marked by a consolidated gross... More