Ultralife Corporation (ULBI) Releases Earnings Results
Ultralife Corporation (NASDAQ:ULBI) announced its earnings results on Thursday. The technology company reported $0.07 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Ultralife Corporation had a net margin of 6.62% and a return on equity of 7.94%.
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An institutional investor recently raised its position in Ultralife Corporation stock. Northern Trust Corp grew its position in Ultralife Corporation (NASDAQ:ULBI) by 3.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,473 shares of the technology company’s stock after acquiring an additional 1,030 shares during the quarter. Northern Trust Corp owned approximately 0.18% of Ultralife Corporation worth $197,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 24.78% of the company’s stock.
Ultralife Corporation Company Profile
Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems. The Company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom engineered systems.
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