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May 12, 2026 4:11 PM

Espey Mfg. & Electronics Corp. reports third quarter results

SARATOGA SPRINGS, N.Y., May 12, 2026 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE:ESP) announces results for the first nine months of fiscal year 2026.

Net sales for the third quarter ending March 31, 2026, were $11,422,655 compared with last year's third quarter net sales of $10,302,719. Net income for the quarter was $2,864,662, $0.99 per diluted share, as compared to net income of $1,704,487, $0.63 per diluted share for the same quarter last year.

For the first nine months ending March 31, 2026 sales were $32,652,434, compared to $34,354,677 for first nine months of fiscal year 2025. Year to date net income for fiscal year 2026 was $7,839,607, $2.74 per diluted share, compared with net income of $5,211,303, $1.95 per diluted share, for the same period last year. 

The backlog ...