Quarterly ResultMay 12, 2026, 04:08 PM
Espey Mfg. 9-Month Net Income +50% to $7.84M; Q3 EPS $1.03
AI Summary
Espey Mfg. & Electronics Corp. reported strong financial performance for the nine months ended March 31, 2026, with net income increasing 50.43% to $7.84 million and diluted EPS rising 40.51% to $2.74. For the third quarter, net income surged 68.07% to $2.86 million and diluted EPS grew 57.14% to $0.99. The company also doubled its nine-month dividends per share to $1.50. While total assets increased significantly, net sales for the nine-month period decreased by 4.96%, and net cash provided by operating activities saw a substantial decline.
Key Highlights
- Nine-month net income increased 50.43% to $7.84 million.
- Third-quarter net income rose 68.07% to $2.86 million.
- Nine-month diluted EPS grew 40.51% to $2.74.
- Third-quarter diluted EPS increased 57.14% to $0.99.
- Dividends per share for the nine months doubled to $1.50.
- Total assets increased 21.34% to $96.00 million.
- Nine-month net sales decreased 4.96% to $32.65 million.
- Net cash from operating activities declined 65.33% to $6.30 million.