Espey Manufacturing (ESP) Reports Q1 EPS of $0.38

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Go back to Espey Manufacturing (ESP) Reports Q1 EPS of $0.38

Espey Mfg. & Electronics Corp. Reports First Quarter Results

November 12, 2015 4:38 PM EST

SARATOGA SPRINGS, NY -- (Marketwired) -- 11/12/15 -- Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) announces results for its first three months of fiscal year 2016.

Net sales for the first quarter of fiscal 2016, July 1 to September 30, 2015, were $6,279,436, as compared to last year's first quarter net sales of $5,693,472. Net income for the quarter decreased to $878,530, $0.38 per diluted share, as compared to net income of $911,221, $0.40 per diluted share for the same quarter last year.

The sales order backlog for the Company was at $33.6 million... More