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Espey Mfg. Soars: Q2 Sales Surge

Espey Mfg. & Electronics Corp. reported sales and income growth in Q2 of fiscal year 2024, with net sales reaching $10.3 million and net income increasing to $1.8 million. The backlog also increased to $84.8 million, indicating strong demand for their products. Espey's balanced portfolio strategy ensures sustained growth.

by Mark Eisenberg
Tue, Feb 13, 2024 7:40am
in Business
• 2 mins read
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Espey Mfg. Soars: Q2 Sales Surge | FinOracle

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Espey Mfg. & Electronics Corp. Sees Sales and Income Growth in Q2 of Fiscal Year 2024

Espey Mfg. & Electronics Corp. (NYSE American: ESP), a leading developer and producer of specialized military and industrial power supplies and transformers, has reported positive financial results for the second quarter of fiscal year 2024. The company witnessed an increase in net sales and net income during the period from October 1 to December 31, 2023.

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