Ultralife Non-GAAP EPS of $0.13 misses by $0.02, revenue of $50.7M beats by $2.7M
Earnings Performance: Ultralife Corporation reported a Q1 Non-GAAP EPS of $0.13, missing expectations by $0.02, while revenue increased by 21% year-over-year to $50.7 million, surpassing estimates by $2.7 million.
Backlog and Adjusted EBITDA: The company's adjusted EBITDA rose slightly to $5.4 million compared to the previous year's first quarter, with a backlog of high-confidence orders totaling $95.0 million, down from $102.2 million at the end of Q4 2024.
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Ultralife Corporation Expands Leadership Team to Accelerate Growth Initiatives
Leadership Changes: Ultralife Corporation (NASDAQ: ULBI) has appointed Jeffrey Luke as Chief Marketing Officer and James Pope as Senior Vice President of Sales & Business Development, effective January 6, 2025.
Roles and Responsibilities: Luke will focus on corporate strategy and global operations, while Pope will drive market growth and revenue through strategic alliances, leveraging their extensive industry experience.
Company Overview: Ultralife Corporation provides power, communications, and electronic systems to commercial, military, and government clients worldwide, positioning itself among the best manganese stocks.
Investment Perspective: While ULBI is recognized as a potential investment, there are suggestions that certain AI stocks may offer better upside potential with lower risk.







