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  • dbergh1 dbergh1 Jul 9, 2008 7:01 PM Flag

    Hey Madd

    Strong shipments boost Ultralife 2Q revenue
    Wednesday July 9, 8:27 am ET
    Ultralife 2nd-qtr revenue to be about $88 million, above company's and analysts' estimates

    NEWARK, N.Y. (AP) -- Ultralife Corp., a battery and power solutions provider, said Wednesday second-quarter revenue will beat its previous expectations because of strong shipments and accelerated deliveries.
    Ultralife now anticipates revenue for the quarter ended June 28 will be about $88 million. It had previously estimated revenue would exceed $75 million.

    Analysts polled by Thomson Financial, on average, forecast revenue of $66.4 million for the quarter.

8.46-0.30(-3.42%)3:37 PMEST