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Ultralife - ULBI STOCK NEWS

Welcome to our dedicated page for Ultralife news (Ticker: ULBI), a resource for investors and traders seeking the latest updates and insights on Ultralife stock.

Overview

Ultralife Corporation has evolved from its origins as a battery manufacturer into a comprehensive provider of power solutions and communication systems. Specializing in rechargeable and non-rechargeable batteries, charging systems, and complete electronic and communications platforms, the company serves a wide spectrum of sectors including government and defense, medical, safety and security, energy, and industrial markets. With a strong emphasis on engineering excellence and product reliability, Ultralife leverages its extensive expertise to ensure durable, dependable solutions for mission-critical applications worldwide.

Business Segments and Core Offerings

Ultralife operates through two key segments:

  • Battery and Energy Products: This division provides a full range of power solutions, including various rechargeable and non-rechargeable batteries, chargers, and accessories. These products are designed for commercial, medical, and military applications, ensuring that even the most demanding environments can benefit from reliable and efficient energy storage and power management systems.
  • Communications Systems: This segment complements the company’s power solutions with a diverse range of power and amplification products. These systems are tailored to work seamlessly with portable radio and communications sets, primarily for military and commercial uses, enabling enhanced connectivity and operational efficiency in critical scenarios.

Both segments generate revenue through a combination of direct sales, custom-engineered systems, and long-term service agreements, reinforcing Ultralife's reputation for dependable and scalable solutions.

Market Position and Industry Relevance

Ultralife’s significance in the industry is underpinned by its commitment to design, manufacture, install, and maintain high-performance power and communication solutions. The incorporation of advanced battery technologies and integrated communications systems positions the company to serve not only traditional energy needs but also the growing demand for advanced electronic and signal processing systems in hostile or remote operating environments. Key industry keywords such as battery technology, portable power solutions, and communication systems help define its niche and broader market relevance.

Global Reach and Operational Excellence

With operational facilities in North America, Europe, and Asia, Ultralife maintains a broad geographical footprint that allows it to cater to a diverse client base. This global presence ensures that the company is well-equipped to meet the operational challenges of different regulatory environments and market dynamics. The firm’s adherence to rigorous quality and performance standards underlines its ability to deliver consistent and effective power solutions and communications systems across multiple regions.

Technological Integration and Product Innovation

At its core, Ultralife is driven by a culture of innovation. The company continuously refines its product lines to incorporate the latest advancements in battery chemistry, charging technologies, and electronic system components. By leveraging proprietary designs and developing custom-engineered solutions, Ultralife not only addresses current market demands but also reinforces its authoritative position as an expert manufacturer in both power and communication sectors. This technological integration is critical for maintaining reliability and ensuring long-term functionality in challenging environments.

Competitive Landscape and Differentiation

In a competitive industry marked by rapid technological change and stringent performance requirements, Ultralife differentiates itself through its comprehensive product portfolio and its ability to offer end-to-end solutions. Unlike companies that provide isolated power or communications products, Ultralife’s integrated approach allows it to serve multifaceted customer needs effectively. Its longstanding presence, credibility in mission-critical environments, and adaptability to evolving technological demands further distinguish it from its peers.

Commitment to Quality and Customer-Centric Approach

Ultralife has built a trust-based reputation by adhering to strict quality control measures and emphasizing customer satisfaction. Each product is developed with a focus on durability, reliability, and performance, ensuring that even under the most demanding conditions, users can depend on these power and communication systems. This commitment not only supports current operations but also provides a framework for maintaining high standards of service and engineering expertise over time.

Conclusion

In summary, Ultralife Corporation represents a robust and diversified business model within the global power solutions and communications systems market. Its dual-segment approach, spanning Battery and Energy Products as well as Communications Systems, addresses a broad range of applications, from commercial and medical to military and industrial. Through continuous innovation, a strong focus on quality, and a global operational footprint, Ultralife provides the technical expertise and reliable products necessary for maintaining robust and uninterrupted operations in mission-critical scenarios.

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Ultralife (NASDAQ: ULBI) reported strong Q2 2024 results, with sales reaching $43.0 million, up from $42.7 million in Q2 2023. The Battery & Energy Products segment achieved record-high sales, growing 8.3%. Gross profit increased to $11.6 million (26.9% of revenue), compared to $10.6 million (24.8%) in Q2 2023. Operating income rose 6.9% to $3.9 million. GAAP EPS was $0.18, down from $0.21 in Q2 2023, which included a $0.07 per share Employee Retention Credit. The company reported an Adjusted EBITDA of $5.4 million (12.6% of sales) and a backlog of $93.0 million. Notably, Ultralife reduced its debt by 52.2% to $12.1 million.

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Ultralife (NASDAQ: ULBI) will release its second quarter results for the period ending June 30, 2024, on July 25, 2024, before market open.

Management will host an investor conference call and webcast at 8:30 AM ET on the same day. Participants are required to pre-register for the call to ensure a smooth connection.

A live webcast will be available on the company's investor website, with a replay accessible shortly after the live broadcast.

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Ultralife (NASDAQ: ULBI) has been added to the Russell 2000® Index and the broader Russell 3000® Index, effective July 1, 2024. This reconstitution of the index highlights the company's improved financial profile and earnings power. According to Mike Manna, CEO, the inclusion underscores Ultralife's success in new product investments and margin recapture. The addition to these indexes is expected to increase visibility among institutional investors, aiding in the company’s goal for sustainable, profitable growth. The annual reconstitution identifies the 4,000 largest U.S. stocks by market capitalization as of April 30, 2024, and this inclusion will hold for one year.

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Ultralife (NASDAQ: ULBI) reported strong first-quarter results with sales of $41.9 million, a 31.4% increase year-over-year. Gross profit was $11.5 million, operating income reached $4.1 million, and GAAP EPS stood at $0.18. Adjusted EBITDA saw a significant gain to $5.2 million. The company emphasized gross margin improvement and growth in government/defense and medical markets. Revenue increase was driven by battery & Energy Products and Communications Systems sales growth. Ultralife remains optimistic about sustaining profitable growth, generating cash flow, and investing in new products and acquisitions.
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Ultralife (NASDAQ: ULBI) will announce its first quarter results for the period ending March 31, 2024, on April 25, 2024. The company's Management will conduct an investor conference call and webcast at 8:30 AM ET on the same day. Participants are required to pre-register for the call to ensure a smooth connection.
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Ultralife Corporation (ULBI) reported strong operating results for Q4 and FY 2023, with sales reaching $44.5 million in Q4, a 23.4% YoY increase, and $158.6 million for the fiscal year, a 20.3% YoY increase. Adjusted EBITDA doubled in Q4, reaching $4.8 million, and increased to $15.7 million for the year. The company saw a significant expansion in gross margin to 24.7% for the year, resulting in adjusted EPS of $0.52. Ultralife aims to reduce debt, invest in new products, and sustain profitable growth in 2024.
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Ultralife Corporation (NASDAQ: ULBI) will report its fourth quarter results for the period ended December 31, 2023 before the market opens on Thursday, February 15, 2024. Ultralife’s Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on February 15, 2024. Participants dialing in by phone are required to pre-register using the provided link to ensure a fast and reliable connection to the investor conference call. A live webcast of the conference call will be available to investors on the Company’s website, with a replay available shortly after the call at the same location.
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Ultralife Corporation reports Q3 2023 results with sales of $39.5 million, a 18.8% YoY increase. Operating income of $2.1 million, compared to a loss of $0.6 million in Q3 2022. Adjusted EPS of $0.10, compared to a loss of $0.03 in Q3 2022. Adjusted EBITDA of $3.5 million, a 177.3% YoY increase. Backlog of $101.1 million.
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Ultralife Corporation to report Q3 results on October 26, 2023
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Ultralife Corporation (NASDAQ: ULBI) reported operating results for Q2 2023. Sales increased by 32.9% YoY to $42.7 million. Operating income was $3.7 million compared to $0.8 million in Q2 2022. Adjusted EPS was $0.29 compared to $0.03 in the previous year. Backlog increased to $110.9 million, the highest level in the company's history.
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FAQ

What is the current stock price of Ultralife (ULBI)?

The current stock price of Ultralife (ULBI) is $5.05 as of April 1, 2025.

What is the market cap of Ultralife (ULBI)?

The market cap of Ultralife (ULBI) is approximately 84.1M.

What are the primary business segments of Ultralife Corporation?

Ultralife operates through two main segments: Battery and Energy Products and Communications Systems. The company provides a complete range of power and communication solutions designed for various industries.

Which sectors does Ultralife serve?

Ultralife serves a diverse range of sectors, including government and defense, medical, safety and security, energy, and industrial markets. Its products are used in mission-critical applications across these areas.

How does Ultralife differentiate itself in the competitive market?

Ultralife differentiates itself by offering end-to-end, custom-engineered solutions that integrate advanced battery technologies with communications systems, ensuring high reliability and operational efficiency in critical environments.

What types of products does Ultralife develop?

The company designs, manufactures, installs, and maintains rechargeable and non-rechargeable batteries, charging systems, and a range of power and amplification products that complement portable communications equipment.

What regions does Ultralife operate in?

Ultralife has a global operational footprint, with facilities in North America, Europe, and Asia, enabling it to serve a wide range of markets and meet diverse regulatory and performance requirements.

How does Ultralife ensure quality and reliability in its products?

Ultralife emphasizes rigorous quality control and engineering excellence. Each product is designed and tested to meet high performance standards, ensuring consistent reliability even under the most demanding conditions.

What is the significance of Ultralife's integrated approach?

By integrating power and communications solutions, Ultralife is able to offer comprehensive, mission-critical systems that address multiple customer needs simultaneously, enhancing overall operational efficiency.

How does Ultralife maintain its technological edge?

Ultralife continuously invests in innovation and custom-engineered solutions. By incorporating the latest advancements in battery chemistry and electronic systems, the company maintains its position as an expert in power and communication technologies.
Ultralife

Nasdaq:ULBI

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84.13M
16.12M
3.08%
75.91%
1.72%
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