SARATOGA SPRINGS, N.Y., May 13, 2024 (GLOBE NEWSWIRE) — Espey Mfg. & Electronics Corp. (NYSE:ESP) announces results for the third quarter and the first nine months of fiscal year 2024.
Net sales for the third quarter of fiscal year 2024, January 1 to March 31, 2024, were $8,254,653 compared with last year’s third quarter net sales of $9,809,616. Net income for the quarter was $1,031,930, $0.40 per diluted share, as compared to net income of $867,288, $0.35 per diluted share for the same quarter last year.
For the first nine months of fiscal year 2024, July 1 to March 31, 2024, net sales were $27.1 million, compared with $27.2 million for the first nine months of fiscal year 2023. Net income for the period was $3,921,844, $1.56 per diluted share, compared with …
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