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Espey Revenue Rises 16.7% as First-Quarter EPS and Sales Miss Estimates

GAAP earnings per share was $0.75, 13 cents below estimates. Revenue missed estimates by $2.29 million.

A circuit board sits beneath an inspection arm on an assembly line / TokenPost.ai
A circuit board sits beneath an inspection arm on an assembly line / TokenPost.ai

Espey Mfg. & Electronics Corp. posted first-quarter GAAP earnings per share (EPS) of $0.75 and revenue of $10.61 million, with both results below estimates despite year-over-year sales growth.

Revenue rose 16.7% from a year earlier but missed estimates by $2.29 million. EPS came in 13 cents below estimates.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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