Espey Mfg. & Electronics Reports Q1 Earnings Miss on Both Top and Bottom Lines
Espey Mfg. & Electronics (ESP) reported first-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of $0.75, missing estimates by $0.13. Despite the miss, revenue grew 16.7% year-over-year to reach $10.61 million, though this figure was $2.29 million lower than anticipated. Following the announcement, the company's share price experienced a decline of approximately 3.97%.
Tickers: $ESP
Topics: earnings miss quarterly results revenue miss
Read the full article at Seeking Alpha
Part of the story CapsoVision Reports Q3 Earnings Miss on Both Top and Bottom Lines (3 articles)