1Sem.·

UFP Technologies Inc.: Profit increases in the 1st quarter

$UFPT (+0,18 %)

UFP Technologies Inc. ( UFPT ) announced that its first quarter earnings were up from a year ago


The company's earnings totaled $17.18 million, or $2.21 per share. In the prior year, earnings were $12.69 million, or $1.64 per share.


Excluding special items, UFP Technologies Inc. reported an adjusted profit of USD 19.21 million or USD 2.47 per share for this period.


The company's turnover increased by 41.1% in this period from USD 105.009 million in the previous year to USD 148.148 million.


UFP Technologies Inc. earnings at a glance (GAAP):


- Net income: $17.18 million compared to $12.69 million in the prior year.

- Earnings per share: USD 2.21 compared to USD 1.64 in the previous year.

- Sales: USD 148.148 million compared to USD 105.009 million in the previous year.


https://www.rttnews.com/3535808/ufp-technologies-inc-profit-rises-in-q1.aspx

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