Ultralife Corporation

Ultralife Corporation Reports Fourth Quarter Results

Retrieved on: 
Thursday, February 15, 2024
Manna, Ultralife Corporation, System, Acquisition, Tax, Absorption, EPS, GAAP, Battery, Radio, Fruit

NEWARK, N.Y., Feb. 15, 2024 (GLOBE NEWSWIRE) --  Ultralife Corporation (NASDAQ:   ULBI) reported operating results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NEWARK, N.Y., Feb. 15, 2024 (GLOBE NEWSWIRE) --  Ultralife Corporation (NASDAQ:   ULBI) reported operating results for the fourth quarter and full year ended December 31, 2023.
  • Revenue was $44.5 million, an increase of $8.4 million, or 23.4%, as compared to revenue of $36.1 million for the fourth quarter of 2022.
  • Our total backlog exiting the 2023 fourth quarter was $103.5 million representing a 2.4% sequential increase over that reported for the third quarter.
  • See the “Non-GAAP Financial Measures” section of this release for a reconciliation of adjusted EPS to EPS and adjusted EBITDA to net income attributable to Ultralife Corporation.

Aerospace and Defense Battery Market Forecast 2023-2033 - Growing Advancements in Battery Cell Materials for Long Endurance

Retrieved on: 
Wednesday, January 31, 2024
Lithium, Traction, Eagle-Picher, Growth, Research, Government, Transport, Miniaturization, Safety, Longevity, Region, UAM, Aviation, Ultralife Corporation, Unmanned aerial vehicle, Spacecraft, Urbanization, UAV, Aircraft

These companies heavily invest in research and development to introduce innovative and high-capacity batteries for aerospace and defense applications.

Key Points: 
  • These companies heavily invest in research and development to introduce innovative and high-capacity batteries for aerospace and defense applications.
  • Increased investment from public and private industry has emerged as a significant driver of growth in the global aerospace and defense battery market.
  • The global aerospace and defense battery market is expected to be dominated by the lithium-ion battery in the coming years.
  • The start-ups in the market hold around 32% of the global aerospace and defense battery market.

Ultralife Corporation to Report Fourth Quarter Results on February 15, 2024

Retrieved on: 
Monday, January 29, 2024
Ultralife Corporation, NOTE, Event, Webcast

NEWARK, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • NEWARK, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- 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.
  • 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.

Ultralife Corporation Reports Third Quarter Results

Retrieved on: 
Thursday, October 26, 2023
Manna, Energy Products Inc, System, EBITDA, Growth, Fruit, United States Department of the Army, EPS, Absorption, GAAP, Radio, Acquisition, Ultralife Corporation, Tax, Video game, Bookkeeping

NEWARK, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating results for the third quarter ended September 30, 2023 with the following highlights:

Key Points: 
  • NEWARK, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating results for the third quarter ended September 30, 2023 with the following highlights:
    “Driven by continuing strong demand from our government/defense and medical customers, sales grew 19% for both the 2023 third quarter and the first nine months to $39.5 million and $114.1 million, respectively, over the prior year periods.
  • On the strength of higher sales, gross margin improvement and disciplined spending, operating profit of $2.1 million far exceeded the operating loss of $0.6 million from the year-earlier quarter.
  • Operating expenses were $7.6 million, compared to $7.3 million for the 2022 third quarter.
  • See the “Non-GAAP Financial Measures” section of this release for a reconciliation of adjusted EPS to EPS and adjusted EBITDA to net income attributable to Ultralife Corporation.

Ultralife Corporation to Report Third Quarter Results on October 26, 2023

Retrieved on: 
Thursday, October 12, 2023
NOTE, Ultralife Corporation, Event, Webcast, Cryptocurrency

NEWARK, N.Y., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) will report its third quarter results for the period ended September 30, 2023 before the market opens on Thursday, October 26, 2023.

Key Points: 
  • NEWARK, N.Y., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) will report its third quarter results for the period ended September 30, 2023 before the market opens on Thursday, October 26, 2023.
  • Ultralife’s Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on October 26, 2023.
  • 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.

Ultralife Corporation Reports Second Quarter Results

Retrieved on: 
Thursday, July 27, 2023
Manna, ERC, Average revenue per user, Internal Revenue Service, Economy, Tax, Coronavirus, GAAP, Ultralife Corporation, EBITDA, Acquisition, California Racial Justice Act of 2020, Investment, United States Department of the Army, System, Radio, American Rescue Plan Act of 2021, Energy Products Inc, Growth, EPS, Erongo Battery Energy Storage System, Arms industry, Video game, Bookkeeping

NEWARK, N.Y., July 27, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating results for the second quarter ended June 30, 2023 with the following highlights:

Key Points: 
  • NEWARK, N.Y., July 27, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating results for the second quarter ended June 30, 2023 with the following highlights:
    Backlog increase to $110.9 million, the highest level in the Company’s history
    “Driven by surging demand from our government/defense and medical customers, we delivered a 33% year-over-year sales increase to $42.7 million for the second quarter.
  • Operating expenses were $6.9 million, the same as that reported for the 2022 second quarter.
  • Adjusted EPS was $0.29 on a diluted basis for the second quarter of 2023, compared to $0.03 for the 2022 period.
  • See the “Non-GAAP Financial Measures” section of this release for a reconciliation of adjusted EPS to EPS and adjusted EBITDA to net income attributable to Ultralife Corporation.

Ultralife Corporation to Report Second Quarter Results on July 27, 2023  

Retrieved on: 
Thursday, July 13, 2023
NOTE, Webcast, Ultralife Corporation, Event, Cryptocurrency

NEWARK, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) will report its second quarter results for the period ended June 30, 2023 before the market opens on Thursday, July 27, 2023.

Key Points: 
  • NEWARK, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) will report its second quarter results for the period ended June 30, 2023 before the market opens on Thursday, July 27, 2023.
  • Ultralife’s Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on July 27, 2023.
  • 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.

Micro Battery Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 4, 2023
Lithium, Communication, Enterprise, Medical device, Zinc, Public utility, Molex, Compact, TDK, Arbitrary unit, Sound, Commercial, Region, EV, VARTA, Lithium nickel cobalt aluminium oxides, Lithium cobalt oxide, LFP, Kyōto Station, Growth, Wireless, Temperature, Energy harvesting, RFID, Carbon, Fashion, Ultralife Corporation, Motion, LCO, Accelerometer, Electrolyte, National Keelung Commercial & Industrial Vocational Senior High School, Internet of things, Lithium iron phosphate, Electric vehicle, Sale, Electrode, Miniaturization, Consumer electronics, Electric battery, Mobile phone, Rechargeable battery, Vertical, Capacity, Application, Gyroscope, Magnetometer, Geography

Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.

Key Points: 
  • Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.
  • North America is expected to hold a significant share of the micro battery market during the forecast period.
  • Many North America-based companies are developing micro batteries for application in wearable devices, smart packaging, smart cards, medical devices, and wireless sensors.
  • Increasing demand for wearable and medical devices is a crucial factor driving the micro battery market in this region.

Micro Battery Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 4, 2023
Lithium, Communication, Enterprise, Medical device, Zinc, Public utility, Molex, Compact, TDK, Arbitrary unit, Sound, Commercial, Region, EV, VARTA, Lithium nickel cobalt aluminium oxides, Lithium cobalt oxide, LFP, Kyōto Station, Growth, Wireless, Temperature, Energy harvesting, RFID, Carbon, Fashion, Ultralife Corporation, Motion, LCO, Accelerometer, Electrolyte, National Keelung Commercial & Industrial Vocational Senior High School, Internet of things, Lithium iron phosphate, Electric vehicle, Sale, Electrode, Miniaturization, Consumer electronics, Electric battery, Mobile phone, Rechargeable battery, Vertical, Capacity, Application, Gyroscope, Magnetometer, Geography

Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.

Key Points: 
  • Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.
  • North America is expected to hold a significant share of the micro battery market during the forecast period.
  • Many North America-based companies are developing micro batteries for application in wearable devices, smart packaging, smart cards, medical devices, and wireless sensors.
  • Increasing demand for wearable and medical devices is a crucial factor driving the micro battery market in this region.

Thin Film and Printed Battery Market worth $650 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 3, 2023
Lithium, Electrolyte, B cell, NGK Insulators, National Caotun Commercial & Industrial Vocational Senior High School, Medical device, Public utility, EV, Molex, Energy harvesting, Lithium battery, Screen printing, Electronics, COVID-19, Compact, Lithium nickel cobalt aluminium oxides, Lithium cobalt oxide, Lithium iron phosphate, Printmaking, LFP, Electric vehicle, Voltage, Ultralife Corporation, Electrode, Kyōto Station, LCO, Ink, Kool-Aid, Growth, Commercial, Consumer electronics, Display device, Safety, Wireless, Electric battery, Rechargeable battery, Capacity, Geography, Region

Secondary thin film and printed batteries are rechargeable by depositing electrodes and electrolytes onto a flexible substrate.

Key Points: 
  • Secondary thin film and printed batteries are rechargeable by depositing electrodes and electrolytes onto a flexible substrate.
  • Hence, the secondary battery segment will gain a considerable market share in the thin film and printed battery industry .
  • Thin film and printed batteries are promising new battery technologies that have a number of advantages for medical applications.
  • Asia Pacific is expected to hold a significant market share of the thin film and printed battery market during the forecast period.