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Ultralife: 4Q Earnings Snapshot

NEWARK, N.Y. (AP) _ Ultralife Corp. (ULBI) on Thursday reported fourth-quarter net income of $19.7 million.

The Newark, New York-based company said it had profit of $1.21 per share.

The power and communications systems maker posted revenue of $20.9 million in the period.

For the year, the company reported profit of $24.9 million, or $1.53 per share. Revenue was reported as $87.2 million.

Ultralife shares have risen 19 percent since the beginning of the year. The stock has risen 24 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULBI at https://www.zacks.com/ap/ULBI