Espey Manufacturing (ESP) Reports Q2 EPS of $0.27

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Espey Mfg. & Electronics Corp. Reports Second Quarter Results

February 11, 2016 2:30 PM EST

SARATOGA SPRINGS, NY -- (Marketwired) -- 02/11/16 --

Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) reports results for the second quarter and the first six months of fiscal year 2016, ended December 31, 2015.

Net sales for the second quarter of fiscal year 2016, October 1 to December 31, 2015, were $7.2 million, compared with last year's second quarter net sales of $5.7 million. The net income for the period was $614,427, $0.27 per diluted share, compared with $1,219,082, $.54 per diluted share for the corresponding period the last fiscal year.

For the first six months of fiscal 2016, July 1 to... More