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ULBI - Ultralife Non-GAAP EPS of -$0.09 revenue of $23.8M
Ultralife Corporation
Ultralife press release (NASDAQ:ULBI): Q4 Non-GAAP EPS of -$0.09. Revenue of $23.8M (-17.9% Y/Y). The backlog exiting Q4 increased by ~$11.3M or 27% over Q3 when excluding the Excell Battery Group backlog. “The supply chain challenges associated with the global pandemic persisted during the fourth quarter and weighed heavily on both revenue and earnings," said Michael Popielec, CEO, ULBI.