Ultralife (NASDAQ:ULBI) Posts Earnings Results, Hits Expectations
Ultralife (NASDAQ:ULBI) announced its quarterly earnings, meeting EPS expectations at $0.19 but missing revenue estimates with $47.94 million against a $55 million consensus. Despite a year-over-year revenue decline, the company saw improved profitability, with GAAP EPS rising to $0.15 and gross margin expanding to …