Espey Mfg. & Electronics Corp. reports third quarter results
Espey Mfg. & Electronics Corp. (NYSE American: ESP) reported strong financial results for Q3 FY2025. Net sales reached $10.3 million in Q3, up from $8.3 million in the same quarter last year, while net income grew to $1.7 million ($0.63 per share) from $1.0 million ($0.40 per share).
For the first nine months of FY2025, net sales increased to $34.4 million from $27.1 million, with net income rising to $5.2 million ($1.95 per share) from $3.9 million ($1.56 per share). The company's backlog significantly expanded to $138 million from $84.2 million year-over-year, supported by $75.1 million in new orders, including a notable $19.8 million contract.
Espey Mfg. & Electronics Corp. (NYSE American: ESP) ha riportato risultati finanziari solidi per il terzo trimestre dell'anno fiscale 2025. Le vendite nette hanno raggiunto 10,3 milioni di dollari nel terzo trimestre, in aumento rispetto agli 8,3 milioni di dollari dello stesso periodo dell'anno precedente, mentre l'utile netto è cresciuto a 1,7 milioni di dollari (0,63 dollari per azione) da 1,0 milione di dollari (0,40 dollari per azione).
Nei primi nove mesi dell'anno fiscale 2025, le vendite nette sono salite a 34,4 milioni di dollari da 27,1 milioni, con un utile netto che è aumentato a 5,2 milioni di dollari (1,95 dollari per azione) da 3,9 milioni di dollari (1,56 dollari per azione). Il portafoglio ordini dell'azienda si è ampliato significativamente, raggiungendo 138 milioni di dollari rispetto agli 84,2 milioni dell'anno precedente, sostenuto da 75,1 milioni di dollari in nuovi ordini, incluso un importante contratto da 19,8 milioni di dollari.
Espey Mfg. & Electronics Corp. (NYSE American: ESP) reportó sólidos resultados financieros para el tercer trimestre del año fiscal 2025. Las ventas netas alcanzaron 10.3 millones de dólares en el tercer trimestre, aumentando desde 8.3 millones en el mismo trimestre del año anterior, mientras que el ingreso neto creció a 1.7 millones de dólares (0.63 dólares por acción) desde 1.0 millón (0.40 dólares por acción).
En los primeros nueve meses del año fiscal 2025, las ventas netas aumentaron a 34.4 millones de dólares desde 27.1 millones, con un ingreso neto que subió a 5.2 millones de dólares (1.95 dólares por acción) desde 3.9 millones (1.56 dólares por acción). La cartera de pedidos de la compañía se expandió significativamente a 138 millones de dólares desde 84.2 millones año con año, respaldada por 75.1 millones de dólares en nuevos pedidos, incluyendo un contrato destacado de 19.8 millones de dólares.
Espey Mfg. & Electronics Corp. (NYSE American: ESP)는 2025 회계연도 3분기에 강력한 재무 실적을 보고했습니다. 3분기 순매출은 1,030만 달러로 전년 동기 830만 달러에서 증가했으며, 순이익은 170만 달러(주당 0.63달러)로 100만 달러(주당 0.40달러)에서 상승했습니다.
2025 회계연도 첫 9개월 동안 순매출은 3,440만 달러로 2,710만 달러에서 증가했으며, 순이익은 520만 달러(주당 1.95달러)로 390만 달러(주당 1.56달러)에서 증가했습니다. 회사의 수주잔액은 전년 대비 크게 확대되어 1억 3,800만 달러에 달했으며, 이에는 7,510만 달러의 신규 주문과 함께 주목할 만한 1,980만 달러 계약이 포함되어 있습니다.
Espey Mfg. & Electronics Corp. (NYSE American : ESP) a annoncé de solides résultats financiers pour le troisième trimestre de l'exercice 2025. Les ventes nettes ont atteint 10,3 millions de dollars au troisième trimestre, en hausse par rapport à 8,3 millions au même trimestre de l'année précédente, tandis que le bénéfice net a augmenté à 1,7 million de dollars (0,63 dollar par action) contre 1,0 million (0,40 dollar par action).
Pour les neuf premiers mois de l'exercice 2025, les ventes nettes ont progressé à 34,4 millions de dollars contre 27,1 millions, avec un bénéfice net en hausse à 5,2 millions de dollars (1,95 dollar par action) contre 3,9 millions (1,56 dollar par action). Le carnet de commandes de la société s'est considérablement étoffé pour atteindre 138 millions de dollars contre 84,2 millions d'une année sur l'autre, soutenu par 75,1 millions de dollars de nouvelles commandes, incluant un contrat notable de 19,8 millions de dollars.
Espey Mfg. & Electronics Corp. (NYSE American: ESP) meldete starke Finanzergebnisse für das dritte Quartal des Geschäftsjahres 2025. Der Nettoumsatz erreichte im dritten Quartal 10,3 Millionen US-Dollar, gegenüber 8,3 Millionen im gleichen Quartal des Vorjahres, während der Nettogewinn auf 1,7 Millionen US-Dollar (0,63 US-Dollar pro Aktie) von 1,0 Millionen US-Dollar (0,40 US-Dollar pro Aktie) anstieg.
In den ersten neun Monaten des Geschäftsjahres 2025 stiegen die Nettoumsätze auf 34,4 Millionen US-Dollar von 27,1 Millionen, wobei der Nettogewinn auf 5,2 Millionen US-Dollar (1,95 US-Dollar pro Aktie) von 3,9 Millionen US-Dollar (1,56 US-Dollar pro Aktie) zunahm. Der Auftragsbestand des Unternehmens wuchs deutlich auf 138 Millionen US-Dollar von 84,2 Millionen im Jahresvergleich, gestützt durch 75,1 Millionen US-Dollar an neuen Aufträgen, darunter ein bemerkenswerter Vertrag über 19,8 Millionen US-Dollar.
- Net sales increased 24.8% to $10.3M in Q3 FY2025
- Net income grew 65.2% to $1.7M in Q3 FY2025
- Backlog increased 64% YoY to $138M
- New orders grew significantly to $75.1M from $27.8M YoY
- Improved margins on key programs
- None.
Insights
Espey reports substantial growth with Q3 sales up 24.8%, EPS up 57.5%, and backlog surging 64% YoY to $138 million.
Espey's Q3 FY2025 results showcase remarkable financial momentum across all key metrics. The company delivered
The nine-month results reinforce this positive trajectory, with sales reaching
What's particularly striking is the dramatic expansion in Espey's backlog, which surged to
Management attributes these improvements to enhanced margins on key programs and highlights a recent
SARATOGA SPRINGS, N.Y., May 12, 2025 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first nine months of fiscal year 2025.
Net sales for the third quarter of fiscal year 2025, January 1 to March 31, 2025, were
For the first nine months of fiscal year 2025, July 1 to March 31, 2025, net sales were
The backlog for the Company was
Mr. David O’Neil, President and CEO, commented,
I continue to be proud of the team and the results we are achieving this fiscal year. We saw additional growth in sales year over year for both three and nine months ending March 31, 2025 and the team has worked hard to maintain strong gross profits by improving margins on some of our key programs. Backlog continues to grow, which is a direct result of an exceptional year for new orders, including the previously announced new contract for
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.
FAQ
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