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Ultralife Corporation's Delay in Fourth Quarter Reporting

Ultralife Corporation's Delay in Fourth Quarter Reporting

Ultralife Corporation's Upcoming Fourth Quarter Results

Ultralife Corporation (NASDAQ: ULBI) has announced that it will be reporting its fourth quarter results for the fiscal year ending December 31, 2024. This report is set to be released before market opens on a Tuesday. This timeline marks a change from Ultralife's prior practice of announcing results in the sixth week post fiscal year-end.

Reason for Reporting Delay

The delay in reporting is primarily due to the additional time required for the accounting close and the audit of the financial results pertaining to Electrochem Solutions, Inc. This company was acquired on October 31, 2024, necessitating thorough and careful financial assessment.

Investor Conference Call Information

On the same day as the earnings report, Ultralife management will host an investor conference call at 8:30 AM ET. This call will provide shareholders and analysts the opportunity to ask questions and gain insights about the fourth quarter results and overall company outlook.

How to Join the Call

For those wishing to participate via phone, it is advised to pre-register in advance. This process includes receiving dial-in information and a personal identification number for quick access during the call, ensuring a seamless connection and reducing wait times.

Webcast Availability

For investors unable to attend the live call, a webcast will be accessible in the Events & Presentations Section of the Ultralife Corporation website. A replay will be made available shortly after the call, ensuring that all interested parties can stay updated on company developments.

Financial Performance and Strategy

With Ultralife focusing on expanding its operational capabilities, the company has been diligently working on enhancing its product range. Ultralife serves a variety of sectors, providing essential power solutions and communication systems for defense, government, and commercial markets. This diverse customer base allows Ultralife to maintain a steady growth trajectory.

About Ultralife Corporation

Ultralife Corporation is committed to delivering quality products and services across its segments, including Battery & Energy Products and Communication Systems. By leveraging its engineering expertise and collaborative efforts, the company continues to meet the needs of customers on a global scale.

Global Operations and Markets

The company is headquartered in Newark, New York, and has established operations in North America, Europe, and Asia. This global presence not only enhances its market reach but also strengthens its capabilities to cater to diverse customer demands.

Contact Information

For general inquiries or investor relations, Ultralife Corporation can be contacted directly:

Company Contact

Philip A. Fain
(315) 210-6110
Email: pfain@ulbi.com

Investor Relations

Alliance Advisors IR
Jody Burfening/Alex Villalta
(212) 838-3777
Email: avillalta@allianceadvisors.com

Frequently Asked Questions

1. When is Ultralife Corporation reporting its fourth quarter results?

Ultralife Corporation will report its fourth quarter results before the market opens on March 11, 2025.

2. Why is there a delay in the report?

The delay is due to the time required for auditing financial results from an acquisition made in October 2024.

3. How can I participate in the investor call?

Participants should pre-register for the call to receive exclusive dial-in information and a personal identification number.

4. Will the conference call be available for replay?

Yes, a replay of the conference call will be available shortly after the live event on Ultralife's website.

5. What does Ultralife Corporation offer?

Ultralife Corporation provides a range of products including power solutions and communication systems, supporting government and commercial clients worldwide.

About The Author

About Investors Hangout

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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