Espey Mfg. & Electronics Corp. reports fourth quarter and year-end results

SARATOGA SPRINGS, N.Y., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE:ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2024. For the fiscal year ended June 30, 2024, the Company reported net sales of $38,736,319 compared with $35,592,323 for the fiscal year ended June 30, 2023. Net income for the year was $5,815,140, $2.29 per diluted share, compared with net income of $3,677,131, $1.49 per diluted share, for the fiscal year ended June 30, 2023. At June 30, 2024, the sales order backlog was $97.2 million, compared to last year's backlog of $83.6 million at June 30, 2023. For the fourth quarter ended June 30, 2024, net sales were $11,610,911 compared with last year's fourth quarter net sales of ...