Espey Mfg. & Electronics Corp. (ESP) News
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ESP News Highlights
- ESP's 30 day story count now stands at 2.
- Over the past 1 day, the trend for ESP's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- LI, AMP and MFG are the most mentioned tickers in articles about ESP.
Latest ESP News From Around the Web
Below are the latest news stories about ESPEY MFG & ELECTRONICS CORP that investors may wish to consider to help them evaluate ESP as an investment opportunity.
Espey Mfg. & Electronics reinstates dividend at $0.10/share
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Espey Reinstates Dividend and Declares Regular Quarterly Dividend of $0.10 Per ShareSARATOGA SPRINGS, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has reinstated its quarterly dividend and has declared a regular quarterly dividend of $0.10 per share. The dividend will be payable on March 31, 2023 to all shareholders of record on March 24, 2023. Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on |
Espey Mfg. & Electronics Corp. reports second quarter resultsSARATOGA SPRINGS, N.Y., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2023. Net sales for the second quarter of fiscal year 2023, October 1 to December 31, 2022, were $8,804,109 compared with last year's second quarter net sales of $7,458,050. Net income for the quarter was $1,146,042, $0.47 per diluted share, as compared to net income of $21,201, $0.01 per diluted share for the same quarter last ye |
Espey wins $7.4 million in U.S. Navy funding to assist with expansion and equipment purchasesEspey Mfg. & Electronics Corp. has been awarded $7.4 million in military defense funding that will help cover factory investments necessary for the Saratoga Springs manufacturer to conduct testing for the U.S. Navy. The contract, which is equivalent to one-quarter of the company's annual sales, was announced by Espey on Feb. 9. The 95-year-old defense contractor and manufacturer of rugged power conversion equipment employed approximately 150 at its Saratoga Springs plant as of mid-2022. |
Espey Mfg. & Electronics Corp. reports funding award for a facility expansionSARATOGA SPRINGS, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces funding award for a facility expansion. Espey has been awarded $7.4 million in funds in support of facility and capital equipment upgrades for testing and qualification for the United States Navy. The funding is part of the Navy’s investment to improve and sustain the Surface Combatant Industrial Base. The work will be conducted on Espey’s property in Saratoga Springs, NY, with |
Espey Mfg. & Electronics Corp. reports first quarter resultsSARATOGA SPRINGS, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first three months of fiscal year 2023. Net sales for the first quarter of fiscal year 2023, July 1 to September 30, 2022, were $8,635,795, compared with last year's first quarter net sales of $7,545,432. Net income for the quarter was $768,266, $0.31 per diluted share, as compared to net income of $306,061, $0.13 per diluted share for the same quarter last year |
Espey Mfg. & Electronics Corp. reports fourth quarter and year-end resultsSARATOGA SPRINGS, N.Y., Sept. 22, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2022. For the fiscal year ended June 30, 2022, the Company reported net sales of $32,104,774 compared with $27,734,598 for the fiscal year ended June 30, 2021. Net income for the year was $1,265,127, $0.52 per diluted share, compared with a net loss of ($181,543), ($0.08) per diluted share, for the fiscal year ende |
Espey Mfg. & Electronics Corp. reports third quarter resultsSARATOGA SPRINGS, N.Y., May 16, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first nine months of fiscal year 2022. Net sales for the third quarter of fiscal year 2022, January 1 to March 31, 2022, were $8,620,049 compared with last year's third quarter net sales of $4,205,068. Net income for the quarter was $661,359, $0.27 per diluted share, as compared to net loss of $(1,070,114), $(0.44) per diluted share for the same quarter last year |