UFP Technologies Announces Q1 2018 Results
UFP Technologies, Inc. (UFPT)
Last ufp technologies, inc. earnings: 3/4 08:35 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
NEWBURYPORT, Mass., May 04, 2018 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq:UFPT), an innovative designer and custom converter of foams, plastics, composites, and natural fiber materials, today reported net income of $1.8 million or $0.24 per diluted common share outstanding for its first quarter ended March 31, 2018. This compares to net income of $2.2 million or $0.30 per diluted common share outstanding for the same period in 2017. Sales for the first quarter, including sales from Dielectrics, Inc. from February 1, 2018, the date it was acquired, were $42.9 million compared to 2017 first quarter sales of $37.1 million. The first quarter results included approximately $1.1 million of transaction expenses associated with the Dielectrics acquisition and approximately $600,000 in losses due to the closure of the Company’s factory in Georgia. Adjusting for the impact of these one-time items, diluted earnings per share would have been $0.41. “I am very pleased with our f
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UFPT
Sec Filings
- 3/18/24 - Form 8-K
- 3/15/24 - Form 4
- 3/11/24 - Form 144
- UFPT's page on the SEC website