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Ultralife Corporation Expands Leadership Team to Drive Rapid Growth Plans
Globenewswire· 2025-01-06 12:00
Core Insights - Ultralife Corporation has appointed Jeffrey Luke as Chief Marketing Officer and James Pope as Senior Vice President - Sales & Business Development for Battery & Energy Products, effective January 6, 2025 [1][2][3] - The appointments are aimed at strengthening marketing and sales activities to support the company's long-term growth strategy and to commercialize transformational products in 2025 [3] Summary by Sections Leadership Appointments - Jeffrey Luke will be responsible for reframing corporate and brand strategies, ensuring alignment and accountability across the global organization [2] - James Pope will focus on expanding market reach and aligning global sales and business development efforts to maximize revenue and build strategic partnerships [3] Experience and Background - Jeffrey Luke brings over 20 years of B2B marketing experience across various sectors including genomics, agriculture, and energy [2] - James Pope has over 37 years of experience in the battery and power industry, covering all major segments including cell and pack manufacturing [3] Strategic Goals - The company aims to enhance its new product development pipeline and foster durable customer relationships to capitalize on growth opportunities [3] - The leadership changes are seen as critical for executing the company's ambitious growth goals as it enters 2025 [3] Company Overview - Ultralife Corporation provides products and services in power solutions, communications, and electronics systems, serving government, defense, and commercial customers globally [4] - The company operates in North America, Europe, and Asia, with business segments including Battery & Energy Products and Communications Systems [5]
Ultralife Corporation to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference
GlobeNewswire News Room· 2024-12-04 22:00
Group 1 - Ultralife Corporation will present at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference on December 11, 2024, in New York City [1] - The conference provides a platform for emerging growth and dynamic publicly traded companies to engage with institutional and individual investors through one-on-one meetings [2] - Interested investors can schedule one-on-one meetings with Ultralife by submitting requests online via the provided registration link [3] Group 2 - Ultralife Corporation offers a range of products and services, including power solutions and communications systems, serving government/defense and commercial customers globally [4] - The company is headquartered in Newark, New York, and operates in North America, Europe, and Asia, with business segments that include Battery & Energy Products and Communications Systems [4]
Ultralife Corporation Completes Acquisition of Electrochem Solutions, Inc.
GlobeNewswire News Room· 2024-11-01 11:00
NEWARK, N.Y., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) completed its acquisition of all outstanding shares of Electrochem Solutions, Inc. (“Electrochem”) for $50.0 million in cash from Integer Holdings Corporation (NYSE: ITGR) on October 31, 2024. “I am thrilled to welcome Electrochem to the growing Ultralife Team as another valued member that shares our core values, operating philosophy and strong commitment to both our associates and our long-standing customers. Having achiev ...
Ultralife Corporation: A Battery Stock Charging Up For A Comeback
Seeking Alpha· 2024-10-16 16:23
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Ultralife Corp (ULBI) Trading 8.55% Higher on Oct 2
GuruFocus· 2024-10-02 16:07
Shares of Ultralife Corp (ULBI, Financial) surged 8.55% in mid-day trading on Oct 2. The stock reached an intraday high of $10.05, before settling at $10.03, up from its previous close of $9.24. This places ULBI 25.09% below its 52-week high of $13.39 and 57.70% above its 52-week low of $6.36. Trading volume was 72,706 shares, 123.0% of the average daily volume of 59,110. Wall Street Analysts Forecast Based on the one-year price targets offered by 1 analysts, the average target price for Ultralife Corp (ULB ...
Ultralife: I Bought The Dip; Here Comes The Growth
Seeking Alpha· 2024-08-03 09:06
kupicoo I wrote about Ultralife (NASDAQ:ULBI) in November 2023, giving them a Buy recommendation. It was a traditional buy-the-dip opportunity. ULBI's share price had fallen from $11 to $7 following a cyberattack in early 2023, which shut down the operations for two weeks. In my opinion, the cyberattack did not change the business fundamentals and presented an excellent entry point; the share price has now recovered to $11.50. It was a great investment, making 50% in 6 months. Having conducted a thorough re ...
Ultralife(ULBI) - 2024 Q2 - Earnings Call Transcript
2024-07-25 21:38
Ultralife Corporation (NASDAQ:ULBI) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Jody Burfening - IR Mike Manna - President and CEO Phil Fain - CFO Conference Call Participants Josh Sullivan - The Benchmark Company Operator Good day, and thank you for standing by. Welcome to Ultralife Corporation Second Quarter 2024 Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. It is now my pleasure to hand you over to our first ...
Ultralife(ULBI) - 2024 Q2 - Quarterly Report
2024-07-25 11:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-20852 ULTRALIFE CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorp ...
Ultralife(ULBI) - 2024 Q2 - Quarterly Results
2024-07-25 11:30
Other income, reported below operating income, includes $0.2 million as a preliminary payment from our insurance carrier pertaining to the cyberattack which occurred in the first quarter of 2023. Other income for the second quarter of 2023 included an Employee Retention Credit ("ERC") of $1.5 million under Section 2301 of the Coronavirus Aid, Relief and Economic Security Act of 2020 and the American Rescue Plan of 2021 which was filed with the Internal Revenue Service during that quarter. Exhibit 99.1 Ultra ...
Ultralife Corporation to Report Second Quarter Results on July 25, 2024
Newsfilter· 2024-07-11 11:00
Ultralife's Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on July 25, 2024. Please see the call-in procedures which follow below. A live webcast of the conference call will be available to investors in the Events & Presentations Section of the Company's website at http://investor.ultralifecorporation.com. For those who cannot listen to the live broadcast, a replay of the webcast will be available shortly after the call at the same location. Company Contact: Inv ...