Ultralife Corporation (ULBI) to Release Quarterly Earnings on Thursday
Ultralife Corporation (NASDAQ:ULBI) will announce its earnings results before the market opens on Thursday, November 2nd.
Ultralife Corporation (NASDAQ:ULBI) last released its earnings results on Thursday, August 3rd. The technology company reported $0.07 EPS for the quarter. The firm had revenue of $19.94 million during the quarter. Ultralife Corporation had a net margin of 6.62% and a return on equity of 7.94%. On average, analysts expect Ultralife Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Ultralife Corporation (ULBI) opened at 7.50 on Wednesday. Ultralife Corporation has a 1-year low of $4.05 and a 1-year high of $7.90. The stock has a market capitalization of $116.65 million, a PE ratio of 21.37 and a beta of -0.09. The firm has a 50-day moving average of $7.15 and a 200 day moving average of $6.68.
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A hedge fund recently raised its stake in Ultralife Corporation stock. Northern Trust Corp raised its stake in Ultralife Corporation (NASDAQ:ULBI) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,473 shares of the technology company’s stock after buying an additional 1,030 shares during the quarter. Northern Trust Corp owned 0.18% of Ultralife Corporation worth $197,000 at the end of the most recent reporting period. 24.78% of the stock is owned by institutional investors and hedge funds.
About Ultralife Corporation
Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems. The Company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom engineered systems.
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