ESP's fiscal Q2 earnings dip as margin pressures persist. However, record orders drive 32% sales growth, boosting the company's backlog to new highs.
ESP posts strong EPS growth, along with a 21.9% revenue increase in fiscal first-quarter 2025, driven by a strong backlog. New orders dip, but management anticipates recovery.
ESP reports strong fiscal Q4 results, with EPS jumping to 73 cents and net sales recorded at $11.6 million. The backlog surges to $97.2 million, signaling continued growth momentum.
Discover why Zacks rates "Outperform" for Espey, being the first on Wall Street to initiate coverage on the stock. Explore the company's strong order backlog, strategic dividend hike, and robust financial health, which position it for growth in the defense electronics market.