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Ultralife reports Q2 drop in earnings (access required)

Ultralife Corp. on Thursday reported a second-quarter decline in revenue, despite increases in two sales segments. The Newark battery maker reported revenue for the quarter ended June 30 of $28.6 million, down from $29.4 million in the year-ago quarter. Net income for the quarter fell to $1.7 million from $2.3 million a year ago. On a ...
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