Investing.com - Ultralife reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ultralife announced earnings per share of $-0.010 on revenue of $33.230. Analysts polled by Investing.com anticipated EPS of $0.100 on revenue of $33M.
Ultralife shares are down 39% from the beginning of the year, still down 23.77% from its 52 week high of $6.48 set on November 1, 2021.
Ultralife follows other major Industrials sector earnings this month
Ultralife's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar