Ultralife Corporation to Report Fourth Quarter Results on March 2, 2023

Rhea-AI Summary

Ultralife Corporation (NASDAQ: ULBI) announced that it will report its fourth quarter results for the period ending December 31, 2022, before the market opens on March 2, 2023. The delay in reporting is attributed to illnesses within its Accounting/Finance Team affecting year-end closing and auditing processes. An investor conference call is scheduled for the same day at 8:30 AM ET, with a new registration process for participants. The company, headquartered in Newark, New York, provides products and services in power solutions and communications systems globally.

Positive

• Investor conference call scheduled for March 2, 2023, at 8:30 AM ET providing transparency.
• Company operates in diverse markets, including government and defense sectors.

Negative

• Delay in reporting results due to illnesses could raise concerns about operational stability.

NEWARK, N.Y., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) will report its fourth quarter results for the period ended December 31, 2022 before the market opens on Thursday, March 2, 2023. We are reporting our quarterly results later than our customary reporting practice due to illnesses experienced by some members of our Accounting/Finance Team causing delays in the year-end closing and audit.

Ultralife’s Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on March 2, 2023. Please see the new call-in procedures which follow below.

NOTE TO THOSE PLANNING TO PARTICIPATE BY PHONE:

Our investor conference call-in process has changed. To ensure a fast and reliable connection to our investor conference call, we now require participants dialing in by phone to register using this link: https://register.vevent.com/register/BI14f42d8e56e64128b275289771b87060 prior to the call. This will eliminate the need to speak with an operator. Once registered, dial-in information will be provided along with a personal identification number. Should you register early and misplace your details, you can simply click back on this same link at any time to register and view them again.

A live webcast of the conference call will be available to investors in the Events & Presentations Section of the Company’s website at http://investor.ultralifecorporation.com. For those who cannot listen to the live broadcast, a replay of the webcast will be available shortly after the call at the same location.

About Ultralife Corporation

Ultralife Corporation serves its markets with products and services ranging from power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.

Headquartered in Newark, New York, the Company's business segments include: Battery & Energy Products and Communications Systems. Ultralife has operations in North America, Europe and Asia. For more information, visit http://www.ultralifecorporation.com.

Company Contact:	Investor Relations Contact:
Ultralife Corporation	LHA
Philip A. Fain	Jody Burfening
(315) 210-6110	(212) 838-3777
pfain@ulbi.com	jburfening@lhai.com

FAQ

When will Ultralife report its fourth quarter results for 2022?

Ultralife will report its fourth quarter results before the market opens on March 2, 2023.

Why is Ultralife delaying its quarterly earnings report?

The delay is due to illnesses experienced by members of its Accounting/Finance Team impacting year-end closing and auditing.

What time is the Ultralife investor conference call?

The investor conference call is scheduled for 8:30 AM ET on March 2, 2023.

How can I participate in the Ultralife investor conference call?

Participants must register beforehand to receive dial-in information and a personal identification number.