ESPEY MFG. & ELECTRONICS overview

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...

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...

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 procurement. As part of the program, BAE Systems maintains a close...

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 retrofitting to incorporate AESA radars. At its core, air combat revolves around a fundamental principle - eliminating the enemy without falling victim to their retaliation, a concept Lockheed Martin aptly describes as...

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 www.espey.com . For...

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...

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...

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 www.espey.com . For further...