Ultralife ( (ULBI) ) has released its Q2 earnings. Here is a breakdown of the information Ultralife presented to its investors.
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Ultralife Corporation is a global provider of power solutions and communications systems, serving both government/defense and commercial sectors with a focus on engineering and collaborative problem-solving. In its second quarter earnings report for 2025, Ultralife Corporation reported a 13% increase in sales to $48.6 million, driven by the acquisition of Electrochem Solutions, Inc., although organic sales in its Battery & Energy Products segment remained flat and Communications Systems sales saw a significant decline. Key financial metrics revealed a gross profit of $11.6 million, consistent with the previous year, but with a reduced gross margin of 23.9% due to tariffs and product mix shifts. Operating income decreased to $2.3 million from $3.9 million in the prior year, and GAAP earnings per share fell to $0.05 from $0.18. Despite these challenges, Ultralife’s management remains optimistic about the second half of 2025 and into 2026, expecting a rebound in Communications Systems and growth in new product programs, supported by increased defense spending and operational efficiency initiatives.