Ultralife Q2 revenue $26.8M (-6.3% YoY); EPS $0.05 vs $0.10, supply chain delays

ULTRALIFE CORP

2021-Q2 EPS reported $9.00 revenue$52,743,000

Revenue of $26.8M, down 6.3% YoY; operating income $1.1M vs $2.3M last year.
Net income $0.8M or $0.05 diluted EPS vs $1.7M or $0.10 YoY; adjusted EPS $0.06 vs $0.13.
Battery & Energy Products revenue $22.9M (-4.8%); Communications Systems $3.9M (-13.9%).
Supply chain delays caused estimated $1.5M revenue and $0.5M operating income impact in Q2.
Cash increased to $15.8M; debt reduced to $0.7M.

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