Espey Mfg & Electronics Corp: Annual report
Espey Mfg & Electronics Corp reported higher sales, gross profit, and net income for fiscal year 2026.
Positive for the companyWhat the numbers say
Revenue rose 4.9% to $46.1M versus the prior year; operating margin widened from 18.5% to 25.1%; diluted EPS $3.89 versus $3.02; operating cash flow $5.7M (a year earlier $21M); free cash flow $2.6M (a year earlier $16.6M); cash rose by $574.3K to $19.4M; diluted share count up 6.5% (dilution).
What happened
- Net sales rose to $46,124,325 from $43,950,872, driven by magnetics programs and field service work.
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