ULBIUltralife Corporation

$98M

Q1 2018 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$23M+4.7% YoY

Gross Profit

$7M31.6% margin

Operating Income

$2M10.2% margin

Net Income

$2M9.3% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

-$921,000

Free Cash Flow

-$1M

Stock-Based Comp.

$139,000

Balance Sheet

Total Assets

$99M

Total Liabilities

$16M

Stockholders' Equity

$83M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23M	$22M	+4.7%
Gross Profit	$7M	$7M	+5.7%
Operating Income	$2M	$2M	+28.0%
Net Income	$2M	$2M	+30.0%

Revenue Segments

Battery & Energy Products Segment

$17M75%

Communications Systems Segment

$6M25%

ULBI Q1 2018 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena