FeesSafety
Pluang+

Ultralife posts Q3 sales growth and profit turnaround ahead of $320M acquisition by EnerSys.

Company Fundamentals
05 Nov 2026, 23:45 WIB
GlobeNewsWire
View Source
Bullish
Ultralife posts Q3 sales growth and profit turnaround ahead of $320M acquisition by EnerSys.

Ultralife Corporation reported a strong third quarter with sales up 11.3% to $48.3 million and a return to profitability, posting a net income of $2.4 million compared to a loss last year. The company saw significant growth in government/defense battery sales, boosting gross profit margins. Ultralife also announced it will be acquired by EnerSys in a $320 million all-cash deal expected to close in early 2027, marking a major milestone for the company. No earnings call will be held due to the pending acquisition.

Ultralife Corporation's third quarter results show a net income of $2.4 million, a notable return to profitability. For readers following the Industrials sector, here is Pluang's market snapshot as of Nov 06, 2026 04:12 WIB: out of 135 priced US Industrials stocks, 13 rose and 122 fell. Notable movers include RDW at USD 6.17 with a 1-day change of -20.08% and Pluang order activity of 9% Sell / 91% Buy, FPS at USD 18.28 down 18.54% with 0% Sell / 100% Buy, and SMR at USD 4.23 down 17.54% with 14% Sell / 86% Buy.

More News

Strawberry Fields REIT declares Q4 2026 cash dividend of $0.17 per share payable Dec 30.

Strawberry Fields REIT declares Q4 2026 cash dividend of $0.17 per share payable Dec 30.

Strawberry Fields REIT announced a cash dividend of $0.17 per common share for the fourth quarter of 2026. The dividend will be paid on December 30, 2026, to shareholders recorded by December 16, 2026. The company specializes in owning and leasing he...

Company Fundamentals
Neutral
58 minutes ago
Airbnb plans to launch a custom AI travel agent in early 2027 to enhance trip planning and support.

Airbnb plans to launch a custom AI travel agent in early 2027 to enhance trip planning and support.

Airbnb announced it will launch a specialized AI travel agent in the first half of 2027, designed to offer a richer, personalized interface tailored specifically for travel planning. Unlike typical chatbots, this AI will integrate photos, maps, itine...

Company Fundamentals
Bullish
5 hours ago
Canadian Natural posts strong Q3 with high energy prices boosting profits and shareholder returns.

Canadian Natural posts strong Q3 with high energy prices boosting profits and shareholder returns.

Canadian Natural Resources Limited reported strong third-quarter earnings driven by high energy prices and solid production growth. The company met its net debt target ahead of schedule, allowing it to increase shareholder returns through buybacks an...

Company Fundamentals
Bullish
5 hours ago
Viper Energy launches distribution reinvestment plan; Diamondback to reinvest distributions in Viper equity.

Viper Energy launches distribution reinvestment plan; Diamondback to reinvest distributions in Viper equity.

Viper Energy, a subsidiary of Diamondback Energy, has adopted a distribution reinvestment plan (DRIP) allowing holders of its operating company units to reinvest cash distributions into additional units and Viper Class B shares. Diamondback, the larg...

Company Fundamentals
Bullish
5 hours ago
Two Spiko Finance tokenized funds on Arbitrum One top $200M market cap combined

Two Spiko Finance tokenized funds on Arbitrum One top $200M market cap combined

Two tokenized funds from Spiko Finance on the Arbitrum One network have a combined market capitalization exceeding $200.8 million, with eurSAFOd valued at over $184.5 million and eurSAFO at $16.3 million. These funds have shown significant market-cap...

Protocol Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App