Revenue Update on Ultralife Corp.(NASDAQ:ULBI)

Ultralife Corp.(NASDAQ:ULBI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Earnings per share were $0.03.

Ultralife Corp. (ULBI) made into the market gainers list on Thursdays trading session with the shares advancing 1.87% or 0.08 points. Due to strong positive momentum, the stock ended at $4.35, which is also near the day’s high of $4.47. The stock began the session at $4.27 and the volume stood at 44,698 shares. The 52-week high of the shares is $7.61 and the 52 week low is $3.7301. The company has a current market capitalization of $66 M and it has 1,51,99,892 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 16, 2016, W. Shaw Robert (director) purchased 3,000 shares at $4.70 per share price.Also, On May 10, 2016, Steven Mark Anderson (director) purchased 7,045 shares at $4.11 per share price.On Feb 26, 2015, Thomas Louis Saeli (director) purchased 3,141 shares at $3.75 per share price, according to the Form-4 filing with the securities and exchange commission.

Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government defense and commercial sectors. The Company designs manufactures installs and maintains power and communications systems including rechargeable and non-rechargeable batteries charging systems communications and electronics systems and accessories and custom engineered systems. The Company operates in two segments: Battery & Energy Products which includes lithium 9-volt cylindrical and various other non-rechargeable batteries in addition to rechargeable batteries uninterruptable power supplies charging systems and accessories and Communications Systems which includes radio-frequency (RF) amplifiers power supplies cable and connector assemblies amplified speakers equipment mounts case equipment man-portable systems integrated communication systems.

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