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Ultralife reports Q1 2026 loss due to operational challenges, despite record backlog of $115M.

Company Fundamentals
08 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Ultralife Corporation reported a net loss of $0.5 million in Q1 2026, impacted by production disruptions from power outages, inventory integration, and bad weather. Sales declined 6.5% to $47.4 million, with weaker communications systems sales and lower battery product margins. Despite these setbacks, Ultralife's backlog reached a record $115.1 million, signaling strong future demand. The company plans to improve manufacturing efficiency and drive sales to restore profitability and generate cash flow in 2026.

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