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Espey Mfg. reports Q1 FY2027 revenue growth with $2.19M net income despite lower new orders.

Company Fundamentals
13 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Espey Mfg. reports Q1 FY2027 revenue growth with $2.19M net income despite lower new orders.

Espey Mfg. & Electronics Corp. reported a strong start to fiscal year 2027 with net sales rising to $10.6 million in Q1, up from $9.1 million the previous year. Net income was $2.19 million, slightly higher than the prior year's $2.17 million, despite a significant drop in new orders to $2.6 million from $10.5 million. The company’s backlog decreased to $126.7 million from $141.1 million a year earlier. Management emphasized focus on executing bookings, managing costs, and converting opportunities to sustain growth through the year.

Espey Mfg. & Electronics Corp. reported its first quarter results. For readers following the Industrials sector, here is Pluang's market snapshot as of Nov 14, 2026 02:21 WIB: out of 135 priced US Industrials stocks, 47 rose and 85 fell. Notable movers include SPCE at USD 1.89 with a 29.40% decline, ENVX at USD 1.58 down 12.19%, and PLUG at USD 1.10 dropping 10.53%.

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