Ultralife Corp. (ULBI) Reports Q4 EPS of $0.03

Go back to Ultralife Corp. (ULBI) Reports Q4 EPS of $0.03

Ultralife Corporation Reports Fourth Quarter Results

February 11, 2016 7:00 AM EST

NEWARK, N.Y., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating income of $0.5 million on revenue of $19.3 million for the quarter ended December 31, 2015 compared to operating income of $1.0 million on revenue of $19.9 million for the fourth quarter of 2014.  For total-year 2015, Ultralife produced operating income of $3.3 million on revenue of $76.4 million compared to an operating loss of $1.4 million on revenue of $66.5 million for 2014.

Fiscal 2015 was a strong year for Ultralife, said Michael D. Popielec, Ultralifes President and Chief Executive Officer.  We achieved our objective of producing profitable revenue growth by increasing revenue 15%, expanding... More