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Ultralife (NASDAQ:ULBI) Posts Quarterly Earnings Results, Hits Expectations
['Mitch Edgeman']
Markets Daily
Ultralife (NASDAQ:ULBI – Get Free Report) posted its quarterly earnings data on Friday.
The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19, Zacks reports.
The company had revenue of $47.94 million during the quarter, compared to the consensus estimate of $55.00 million.
Ultralife Stock PerformanceNASDAQ ULBI opened at $6.35 on Friday.
Insiders bought a total of 108,878 shares of company stock valued at $714,928 in the last quarter.