Benzinga | Oct 28, 2021 07:35AM EDT

Ultralife Q3 EPS $(0.04) May Not Compare To $0.11 Estimate, Sales $21.80M Miss $27.00M Estimate

Ultralife (NASDAQ:ULBI) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $0.11 by 136.36 percent. This is a 200 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $21.80 million which missed the analyst consensus estimate of $27.00 million by 19.26 percent. This is a 10.52 percent decrease over sales of $24.36 million the same period last year.