Ultralife Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 44.55 million compared to USD 36.11 million a year ago. Net income was USD 2.87 million compared to net loss of USD 0.224 million a year ago.

Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.