UFP Technologies Inc. Profit Rises In Q1

UFP Technologies Inc. (UFPT) revealed earnings for its first quarter that increased from last year

The company's bottom line came in at $17.18 million, or $2.21 per share. This compares with $12.69 million, or $1.64 per share, last year.

Excluding items, UFP Technologies Inc. reported adjusted earnings of $19.21 million or $2.47 per share for the period.

The company's revenue for the period rose 41.1% to $148.148 million from $105.009 million last year.

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

-Earnings: $17.18 Mln. vs. $12.69 Mln. last year.
-EPS: $2.21 vs. $1.64 last year.
-Revenue: $148.148 Mln vs. $105.009 Mln last year.

by RTTNews Staff Writer

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