Ultralife Batteries reported record quarterly revenues of $32.3 million, an increase of 76% over the $18.3 million reported in the same three-month period in 2006. Operating income for the first quarter of 2007 was $0.6 million compared with $0.2 million a year ago. Revenues in the first quarter of 2007 rose $14.0 million over the first quarter of 2006, primarily due to sales growth across most product lines, in addition to the contribution of businesses acquired last year. Net loss for the first quarter of 2007 was $36,000, compared to net income of $140,000 for the same quarter in 2006.