Espey Mfg. & Electronics Corp. (ESP) News
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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.
Pandemic costs hurting Espey''s bottom lineEspey Mfg. & Electronics, which makes power components for the military and industrial customers, suffered a $1.1 million loss during the quarter that ended March 31 as the company suffered the impacts of the pandemic on its workforce and its supply chain. |
Espey Mfg. & Electronics Corp. reports third quarter resultsSARATOGA SPRINGS, N.Y., May 17, 2021 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first nine months of fiscal year 2021. |
Espey Suspends DividendSARATOGA SPRINGS, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has suspended its quarterly dividend. The Board of Directors of Espey Mfg. & Electronics Corp. has determined to suspend payment of a cash dividend which, in accordance with practice, would have been declared and paid prior to the end of this month. In making the determination, the Board balanced the objective of maintaining Espey’s strong position to address the business challenges caused by the global pandemic which continue to confront the industries the Company services, against the historical payment of consistent dividends to shareholders. Patrick Enright, Espey’s President and CEO, explained the Board’s decision. “The continued decline of the ra... |
Espey Mfg. & Electronics Corp. reports second quarter resultsSARATOGA SPRINGS, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2021. Net sales for the second quarter of fiscal year 2021, October 1 to December 31, 2020, were $6,962,065, compared with last year's second quarter net sales of $7,286,674. Net loss for the quarter was $(181,006), $(0.08) per diluted share, as compared to net income of $228,964, $0.10 per diluted share for the same quarter last year. For the first six months of fiscal year 2021, July 1 to December 31, 2020, net sales were $14.2 million, compared with $13.2 million for the first six months of fiscal year 2020. Net income for the period was $8,817, $0.00 per diluted share, compared with net income of $310,740, $0.13 per d... |
It Might Not Be A Great Idea To Buy Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) For Its Next DividendRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Espey Mfg... |
Espey Declares Regular Quarterly Dividend of $0.25 Per ShareSARATOGA SPRINGS, N.Y., Dec. 07, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on December 29, 2020 to all shareholders of record on December 22, 2020. Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on the Internet at www.espey.com.For further information, contact Mr. David O'Neil at (518) 245-4400.Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Com... |
Espey Mfg. & Electronics Corp. reports first quarter resultsSARATOGA SPRINGS, N.Y., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its first three months of fiscal year 2021.Net sales for the first quarter of fiscal year 2021, July 1 to September 30, 2020, were $7,265,515, compared with last year's first quarter net sales of $5,923,819. Net income for the quarter increased to $189,824, $0.08 per diluted share, as compared to net income of $81,776, $0.03 per diluted share for the same quarter last year.The backlog for the Company was $62 million at September 30, 2020, compared with last year's backlog of $46.6 million at September 30, 2019. New orders in the first three months of fiscal year 2021 were $14.3 million, compared with new orders in the first three months of fiscal year 2020... |
Is This A Sign of Things To Come At Espey Mfg. & Electronics (NYSEMKT:ESP)?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time... |
We Wouldn't Be Too Quick To Buy Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) Before It Goes Ex-DividendIt looks like Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) is about to go ex-dividend in the next 4 days. You will... |
Espey Mfg. & Electronics Corp. reports Fourth Quarter and Year-end results as well as Announces Regular Quarterly Dividend of $0.25 Per ShareSARATOGA SPRINGS, N.Y., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2020.For the fiscal year ended June 30, 2020, the Company reported net sales of $31,526,231 compared with $36,477,851 for the fiscal year ended June 30, 2019. Net income decreased to $1,163,668, $0.49 per diluted share for the year, compared with net income of $2,342,694, $0.98 per diluted share, for the fiscal year ended June 30, 2019. At June 30, 2020, the sales order backlog was $54.9 million, compared to last year’s backlog of $45.6 million at June 30, 2019.For the fourth quarter ended June 30, 2020, net sales increased to $12,124,438 compared with last year’s fourth quarter net sales of $11,619,202. T... |