reports
Espey Increases and Declares Regular Quarterly Dividend of $0.25 Per S...
Espey Increases and Declares Regular Quarterly Dividend of $0.25 Per Share SARATOGA SPRINGS, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share, a 25% increase over the prior dividend. The dividend will be payable on September 27, 2024 to all shareholders of record on September 20, 2024. 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...
Espey Increases and Declares Regular Quarterly Dividend of $0.20 Per S...
Espey Increases and Declares Regular Quarterly Dividend of $0.20 Per Share; Announces New Employment Agreement with Chief Executive Officer and Appoints New Assistant Corporate Secretary SARATOGA SPRINGS, N.Y., June 06, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.20 per share, a 14% increase over the prior dividend. The dividend will be payable on June 24, 2024 to all shareholders of record on June 17, 2024. The Board of Directors is pleased to announce the signing of a new employme...
Espey Mfg. & Electronics Corp. reports third quarter results
Espey Mfg. & Electronics Corp. reports third quarter results SARATOGA SPRINGS, N.Y., May 13, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: 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 th...
Espey Increases and Declares Regular Quarterly Dividend of $0.175 Per ...
Espey Increases and Declares Regular Quarterly Dividend of $0.175 Per Share SARATOGA SPRINGS, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.175 per share, a 16% increase over the prior dividend. The dividend will be payable on March 28, 2024 to all shareholders of record on March 22, 2024. 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...
Espey Mfg. & Electronics Corp. reports second quarter results
Espey Mfg. & Electronics Corp. reports second quarter results SARATOGA SPRINGS, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2024. Net sales for the second quarter of fiscal year 2024, October 1 to December 31, 2023, were $10,302,541 compared with last year's second quarter net sales of $8,804,109. Net income for the quarter was $1,795,370, $0.72 per diluted share, as compared to net income of $1,146,042, $0.47 per diluted share for the same quarter last year. For the first six m...
BAE Systems’ Combat Mission Systems business awards Espey Manufacturin...
BAE Systems’ Combat Mission Systems business awards Espey Manufacturing ‘Partner2Win’ gold medallion at its fifth annual ‘Partner2Win’ supplier symposium SARATOGA SPRINGS, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Espey Manufacturing received a BAE Systems Partner2Win gold medallion on November 14, 2023, for its exceptional performance and commitment to operational excellence. Espey’s contributions to supply chain success helped BAE Systems ensure quality deliveries to customers. The Partner2Win program recognizes suppliers for their success in the areas of operations, quality and proc...
AESA Radar System being integrated in Modern Fighter Aircraft with Esp...
AESA Radar System being integrated in Modern Fighter Aircraft with Espey participating in multiple production programs AESA radars are generally considered to be the most innovative and technologically-advanced type of tactical radar system and have become almost a necessity for modern fighter aircraft SARATOGA SPRINGS, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) -- In the realm of modern air combat, the integration of Active Electronically Scanned Array (AESA) radar has become an industry standard for all new generation fighters. Notably, many older fighter aircraft are undergoing retrofittin...
Espey Declares Regular Quarterly Dividend of $0.15 Per Share
Espey Declares Regular Quarterly Dividend of $0.15 Per Share SARATOGA SPRINGS, N.Y., Dec. 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.15 per share. The dividend will be payable on December 22, 2023 to all shareholders of record on December 15, 2023. 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 . For further information, contact Ms. Katrina Spa...
Espey Mfg. & Electronics Corp. reports first quarter results
Espey Mfg. & Electronics Corp. reports first quarter results SARATOGA SPRINGS, N.Y., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first three months of fiscal year 2024. Net sales for the first quarter of fiscal year 2024, July 1 to September 30, 2023, were $8,568,214, compared with last year's first quarter net sales of $8,635,795. Net income for the quarter was $1,094,544, $0.44 per diluted share, as compared to net income of $768,266, $0.31 per diluted share for the same quarter last year. The backlog for the Comp...
Espey Mfg. & Electronics Corp. reports fourth quarter and year-end res...
Espey Mfg. & Electronics Corp. reports fourth quarter and year-end results SARATOGA SPRINGS, N.Y., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2023. For the fiscal year ended June 30, 2023, the Company reported net sales of $35,592,323 compared with $32,104,774 for the fiscal year ended June 30, 2022. Net income for the year was $3,677,131, $1.49 per diluted share, compared with net income of $1,265,127, $0.52 per diluted share, for the fiscal year ended June 30, 2022. At...
Espey Declares Regular Quarterly Dividend of $0.10 Per Share
Espey Declares Regular Quarterly Dividend of $0.10 Per Share SARATOGA SPRINGS, N.Y., June 12, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.10 per share. The dividend will be payable on June 28, 2023 to all shareholders of record on June 23, 2023. 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 . For further information, contact Ms. Katrina Sparano at (...
Espey Mfg. & Electronics Corp. reports third quarter results
Espey Mfg. & Electronics Corp. reports third quarter results SARATOGA SPRINGS, N.Y., May 15, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the third quarter and the first nine months of fiscal year 2023. Net sales for the third quarter of fiscal year 2023, January 1 to March 31, 2023, were $9,809,616 compared with last year's third quarter net sales of $8,620,049. Net income for the quarter was $867,288, $0.35 per diluted share, as compared to net income of $661,359, $0.27 per diluted share for the same quarter last year. For the firs...
Espey Reinstates Dividend and Declares Regular Quarterly Dividend of $...
Espey Reinstates Dividend and Declares Regular Quarterly Dividend of $0.10 Per Share SARATOGA SPRINGS, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has reinstated its quarterly dividend and has declared a regular quarterly dividend of $0.10 per share. The dividend will be payable on March 31, 2023 to all shareholders of record on March 24, 2023. 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 ...
Espey Mfg. & Electronics Corp. reports second quarter results
Espey Mfg. & Electronics Corp. reports second quarter results SARATOGA SPRINGS, N.Y., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2023. Net sales for the second quarter of fiscal year 2023, October 1 to December 31, 2022, were $8,804,109 compared with last year's second quarter net sales of $7,458,050. Net income for the quarter was $1,146,042, $0.47 per diluted share, as compared to net income of $21,201, $0.01 per diluted share for the same quarter last year. For the first six months of...
Espey Mfg. & Electronics Corp. reports funding award for a facility ex...
Espey Mfg. & Electronics Corp. reports funding award for a facility expansion SARATOGA SPRINGS, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces funding award for a facility expansion. Espey has been awarded $7.4 million in funds in support of facility and capital equipment upgrades for testing and qualification for the United States Navy. The funding is part of the Navy’s investment to improve and sustain the Surface Combatant Industrial Base. The work will be conducted on Espey’s property in Saratoga Springs, NY, with completion slat...
Espey Mfg. & Electronics Corp. reports first quarter results
Espey Mfg. & Electronics Corp. reports first quarter results SARATOGA SPRINGS, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first three months of fiscal year 2023. Net sales for the first quarter of fiscal year 2023, July 1 to September 30, 2022, were $8,635,795, compared with last year's first quarter net sales of $7,545,432. Net income for the quarter was $768,266, $0.31 per diluted share, as compared to net income of $306,061, $0.13 per diluted share for the same quarter last year. The backlog for the Company wa...
Espey Mfg. & Electronics Corp. reports fourth quarter and year-end res...
Espey Mfg. & Electronics Corp. reports fourth quarter and year-end results SARATOGA SPRINGS, N.Y., Sept. 22, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2022. For the fiscal year ended June 30, 2022, the Company reported net sales of $32,104,774 compared with $27,734,598 for the fiscal year ended June 30, 2021. Net income for the year was $1,265,127, $0.52 per diluted share, compared with a net loss of ($181,543), ($0.08) per diluted share, for the fiscal year ended June 30, 2021. At...
Espey Mfg. & Electronics Corp. reports third quarter results
Espey Mfg. & Electronics Corp. reports third quarter results SARATOGA SPRINGS, N.Y., May 16, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first nine months of fiscal year 2022. Net sales for the third quarter of fiscal year 2022, January 1 to March 31, 2022, were $8,620,049 compared with last year's third quarter net sales of $4,205,068. Net income for the quarter was $661,359, $0.27 per diluted share, as compared to net loss of $(1,070,114), $(0.44) per diluted share for the same quarter last year. For the first nine months of f...
Espey Mfg. & Electronics Corp. reports second quarter results
Espey Mfg. & Electronics Corp. reports second quarter results SARATOGA SPRINGS, N.Y., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2022. Net sales for the second quarter of fiscal year 2022, October 1 to December 31, 2021, were $7,458,050 compared with last year's second quarter net sales of $6,962,065. Net income for the quarter was $21,201, $.01 per diluted share, as compared to net loss of $(181,006), $(0.08) per diluted share for the same quarter last year. For the first six months of ...
Espey Mfg. & Electronics Corp. Reports Changes in Senior Management
Espey Mfg. & Electronics Corp. Reports Changes in Senior Management SARATOGA SPRINGS, N.Y., Dec. 31, 2021 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) reports that after seven years of service, Patrick T. Enright, Jr. has resigned from his position as President and Chief Executive Officer, and the Board of Directors has accepted his resignation, effective on December 31, 2021. The Company also announces the appointments of David A. O’Neil as its new President and Chief Executive Officer and Katrina L. Sparano, as its new Treasurer and Chief Financial Officer, ef...
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