Espey Mfg. & Electronics Corp. reports fourth quarter and year-end results
Rhea-AI Summary
Espey Mfg. & Electronics Corp. (NYSE American: ESP) reported strong financial results for Q4 and fiscal year 2025. Annual net sales reached $43.95 million, up from $38.74 million in FY2024, while net income increased to $8.14 million ($3.02 per diluted share) from $5.81 million ($2.29 per diluted share).
The company's backlog grew significantly to $139.7 million from $97.2 million year-over-year, while new orders surged to $86.4 million from $52.4 million. Q4 net sales were $9.60 million with net income of $2.93 million ($1.05 per diluted share), compared to Q4 2024's $11.61 million in sales and $1.89 million in net income ($0.73 per diluted share).
Positive
- None.
Negative
- Q4 net sales declined 17.4% year-over-year to $9.60 million
News Market Reaction 6 Alerts
On the day this news was published, ESP declined 1.43%, reflecting a mild negative market reaction. Argus tracked a trough of -11.6% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $146M at that time.
Data tracked by StockTitan Argus on the day of publication.
SARATOGA SPRINGS, N.Y., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2025.
For the fiscal year ended June 30, 2025, the Company reported net sales of
For the fourth quarter ended June 30, 2025, net sales were
In addition, new orders for the fiscal year ended June 30, 2025 were
Mr. David O’Neil, President and CEO, commented,
“The year brought meaningful results, thanks to the hard work and focus of our entire team. We saw steady revenue growth fueled by strong execution and lasting customer relationships. Our backlog is at record levels, and new orders were very strong. This success belongs to our employees, and is a moment worth celebrating.
As we begin the next fiscal year, we continue to invest in our people and our products, with the goal of building long-term value.
I want to sincerely thank our team for their dedication and our investors and shareholders for their ongoing support.”
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 Ms. Kaitlyn O’Neil at invest@espey.com.
This press release may contain certain statements that 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 Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.
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