Ultralife: Q3 Earnings Insights

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Ultralife ULBI reported its Q3 earnings results on Thursday, October 27, 2022 at 07:10 AM.

Here's what investors need to know about the announcement.

Earnings

Ultralife missed estimated earnings by 125.0%, reporting an EPS of $-0.01 versus an estimate of $0.04.

Revenue was up $11.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.9% increase in the share price the next day.

Here's a look at Ultralife's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.01 -0.05 -0.04 0.08
EPS Actual 0.03 -0.01 -0.09 -0.05
Revenue Estimate 31.50M 25.60M 21.00M 27.00M
Revenue Actual 32.13M 30.37M 23.76M 21.76M

To track all earnings releases for Ultralife visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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ULBIUltralife Corp
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