UFP: Q1 Earnings Snapshot

NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Wednesday reported profit of $12.7 million in its first quarter.

The Newburyport, Massachusetts-based company said it had net income of $1.64 per share. Earnings, adjusted for non-recurring costs, were $1.66 per share.

The packaging company and component manufacturer posted revenue of $105 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFPT at https://www.zacks.com/ap/UFPT

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up