NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Tuesday reported net income of $16.4 million in its fourth quarter.
On a per-share basis, the Newburyport, Massachusetts-based company said it had profit of $2.10. Earnings, adjusted for non-recurring costs, were $2.46 per share.
The packaging company and component manufacturer posted revenue of $144.1 million in the period.
For the year, the company reported profit of $59 million, or $7.58 per share. Revenue was reported as $504.4 million.
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