Ultralife Corp (FRA:ULB)

Q1 2026 Ultralife Corp Earnings Call Transcript

May 8, 2026 / 12:30 PM GMT

Release Date Price: €4.92 (-13.68%)

Transcript 10-Q8-K

Key Points

Positve

Ultralife Corp (ULBI) reported a record backlog of $115.1 million, indicating strong future demand.
The company has introduced new experienced plant leadership to drive manufacturing efficiencies and improve gross margins.
Medical sales increased by 5.9% for the quarter, showcasing growth in this segment.
Ultralife Corp (ULBI) is actively investing in new product development, which is expected to drive future revenue growth.
The company is focusing on vertical integration opportunities, which could enhance operational efficiency and broaden market reach.

Negative

Ultralife Corp (ULBI) reported a revenue decline to $47.4 million from $50.7 million in the previous year, indicating a challenging start to the year.
The company experienced an operating loss of $0.2 million, compared to an income of $3.4 million last year.
Gross profit decreased by 20.7%, with a significant decline in gross margin from 25.1% to 21.3%.
Revenues from the Communication Systems segment declined by 25.7%, reflecting challenges in this business area.
The company faced several non-recurring events, including plant shutdowns and weather disruptions, negatively impacting production and financial performance.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ULBI.OQ - Ultralife Corp
Q1 2026 Ultralife Corp Earnings Call
May 08, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good day, and thank you for standing by. Welcome to the Ultralight Corporation First Quarter 2026 results call. At this time, all participants are listen-only mode.

After the speaker's presentation, there'll be a question-and-answer session.

To ask a question during the session, you'll need to press *11 on your telephone. You will then hear, I have any message by the earnings raised. To withdraw your question, please press *1 again. Please be advised that today's conference is being recorded. On my end, conference will be to your first speaker today, Jody Burfinning. Please go ahead.

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Unidentified_2 [2]
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