Ultralife (ULBI) Posts Quarterly Earnings Results

Ultralife (NASDAQ:ULBI) posted its quarterly earnings data on Thursday. The technology company reported $0.12 EPS for the quarter, Morningstar.com reports. Ultralife had a net margin of 6.61% and a return on equity of 7.83%. The business had revenue of $22.51 million during the quarter.

Ultralife (ULBI) traded up $0.20 during trading hours on Friday, hitting $7.10. 54,317 shares of the stock traded hands, compared to its average volume of 31,368. Ultralife has a 1-year low of $5.00 and a 1-year high of $7.90. The firm has a market capitalization of $103.14, a P/E ratio of 19.03 and a beta of -0.11.

Large investors have recently bought and sold shares of the company. Global X MANAGEMENT CO LLC lifted its position in Ultralife by 141.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 286,186 shares of the technology company’s stock valued at $1,932,000 after purchasing an additional 167,553 shares during the period. Numeric Investors LLC acquired a new position in Ultralife during the second quarter valued at $357,000. Dimensional Fund Advisors LP lifted its position in Ultralife by 8.6% during the second quarter. Dimensional Fund Advisors LP now owns 861,900 shares of the technology company’s stock valued at $6,206,000 after purchasing an additional 68,550 shares during the period. Essex Investment Management Co. LLC lifted its position in Ultralife by 11.3% during the fourth quarter. Essex Investment Management Co. LLC now owns 124,967 shares of the technology company’s stock valued at $819,000 after purchasing an additional 12,639 shares during the period. Finally, Nationwide Fund Advisors lifted its position in Ultralife by 714.3% during the third quarter. Nationwide Fund Advisors now owns 27,474 shares of the technology company’s stock valued at $185,000 after purchasing an additional 24,100 shares during the period. Institutional investors and hedge funds own 26.16% of the company’s stock.

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About Ultralife

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.

Earnings History for Ultralife (NASDAQ:ULBI)

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