Espey's rating downgrade reflects slowing order momentum and softer revenue trends, even as margin expansion and a solid balance sheet provide some support to the near-term outlook.
Espey's fiscal second-quarter earnings improve year over year on stronger margins and interest income, even as revenues decline year over year amid shipment timing and milestone shifts.
ESP's Q1 earnings grow year over year despite lower sales, driven by better margins and progress on Navy-funded projects. Strong backlog supports a positive full-year outlook.
| Electrical Equipment Industry | Industrials Sector | David A. O'Neil CEO | AMEX Exchange | 296650104 CUSIP |
| US Country | 148 Employees | 19 Dec 2025 Last Dividend | 3 Jan 2006 Last Split | 17 Mar 1992 IPO Date |
Espey Mfg. & Electronics Corp. operates as a power electronics design and original equipment manufacturing company specialized in developing, producing, and testing electronic equipment for military and industrial uses both in the United States and internationally. With a rich history dating back to its incorporation in 1928, the company is headquartered in Saratoga Springs, New York. Espey Mfg. & Electronics Corp. is recognized for its expertise in the field of power electronics, catering to a diverse clientele that includes industrial manufacturers, defense contractors, the U.S. government, foreign governments, and international electronic equipment companies. The company's market reach is strengthened through its direct sales force and a network of outside sales representatives.