Ultralife Corporation Reports Fourth Quarter Results

Written by Emily J. Thompson, Senior Investment Analyst

ULBI+1.09%

Source: Newsfilter

Updated: Apr 01 2025

0mins

Source: Newsfilter

Fourth Quarter Financial Results: Ultralife Corporation reported a slight decline in sales to $43.9 million for Q4 2024, with notable increases in Battery & Energy Products but significant decreases in Communications Systems. The company faced one-time costs related to the acquisition of Electrochem Solutions, resulting in lower operating income and GAAP EPS compared to the previous year.
Acquisition Integration and Future Outlook: Following the acquisition of Electrochem, Ultralife has begun integrating the new entity to enhance operational efficiencies and leverage growth opportunities in high-demand markets. The company expressed confidence in achieving profitable growth and reducing debt as it enters 2025 with a strong backlog of orders.

Get Free Real-Time Notifications for Any Stock

Monitor tickers like ULBI with instant alerts to capture every critical market movement.

ULBI

$6.47+Infinity%1D

Analyst Views on ULBI

About ULBI

Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government, defense and commercial sectors. Its segments include Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, thin cell and other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories. The Communications Systems segment includes RF amplifiers, power supplies, cable and connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, integrated communication systems for fixed or vehicle applications and communications and electronics systems design. Its brands include Ultralife, Ultralife HiRate, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, among others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.