UFP Technologies Announces Q1 2019 Results
UFP Technologies, Inc. (UFPT)
Last ufp technologies, inc. earnings: 3/4 08:35 am
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Source: GlobeNewswire
NEWBURYPORT, Mass., May 07, 2019 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today reported net income of $3.7 million or $0.50 per diluted common share outstanding for its first quarter ended March 31, 2019, compared to net income of $1.8 million or $0.24 per diluted common share outstanding for the same quarter in 2018. Sales for the first quarter were $47.3 million compared to 2018 first quarter sales of $42.9 million. "I am pleased with our first quarter results and continued progress," said R. Jeffrey Bailly, chairman & CEO. "A 10% rise in sales, coupled with continued improvements in our operating efficiency, drove a healthy increase in our gross margins and helped us more than double net income.” "During the quarter, we launched a substantial new medical program and ramped up volumes of existing programs, all of which con
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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