Discover why Zacks rates Ultralife as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore ULBI's struggles with execution risks, margin pressure and commercialization delays that could delay its earnings recovery.
Ultralife NASDAQ: ULBI reported a first-quarter loss for fiscal 2026 as lower sales, production disruptions and higher one-time costs weighed on results, even as management pointed to a record backlog and new product activity as signs of future growth.
Ultralife Corporation (ULBI) Q1 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SP Salvatore Pitti Pitti Group Wealth Management LLC | 20,443 | $119,087.3 | $118,364.97 | -$722.33 | -0.61% |
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 32 | $209 | $183.68 | -$25.32 | -12.11% |
| SAM Smartleaf Asset Management LLC Smartleaf Asset Management LLC | 300 | $2,715 | $1,689 | -$1,026 | -37.79% |
| VT Vincent Tortorella Point72 (DIFC) Ltd | 104 | $709 | $587.08 | -$121.92 | -17.2% |
Teton Advisors LLC Teton Advisors LLC | 109,000 | $743,380 | $612,580 | -$130,800 | -17.6% |
| Electrical Equipment Industry | Industrials Sector | Michael E. Manna CEO | NASDAQ (NMS) Exchange | 903899102 CUSIP |
| US Country | 678 Employees | - Last Dividend | - Last Split | 23 Dec 1992 IPO Date |
Ultralife Corporation, along with its subsidiaries, is a global entity focused on the design, manufacture, installation, and maintenance of power, and communication and electronics systems. With operations segmented into Battery & Energy Products and Communications Systems, the company caters to a wide range of requirements worldwide. Serving the government, defense, and commercial sectors, Ultralife Corporation has established itself as a significant player in the provision of advanced technological solutions since its inception in 1990. Headquartered in Newark, New York, Ultralife aims to deliver high-quality products and services that enhance the operational capabilities of its clients across various industries.
Ultralife Corporation markets its products under various brands including Ultralife, Ultralife Thin Cell, Ultralife HiRate, and several others, through channels such as original equipment manufacturers (OEMs), industrial and defense supply distributors, and directly to the defense departments in the United States and internationally. Furthermore, the company extends its reach to the broader consumer market, offering its 9-volt battery through national and regional retail chains as well as online retailers, ensuring wide accessibility and utility across different sectors.