ULBI Q1 2024 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

Q1 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$42M+31.4% YoY

Gross Profit

$11M27.4% margin

Operating Income

$4M9.7% margin

Net Income

$3M6.9% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

-$81,000

Free Cash Flow

-$453,000

Stock-Based Comp.

$161,000

Balance Sheet

Total Assets

$181M

Total Liabilities

$52M

Stockholders' Equity

$129M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$32M	+31.4%
Gross Profit	$11M	$7M	+54.2%
Operating Income	$4M	$26,000	+15526.9%
Net Income	$3M	-$346,000	+935.5%

Geographic Segments

Non-US

$17M100%