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0 0 0.116155722923518 0.11382200063647 -0.00159117428662344 0.0620557971783177 0.0819985149039992 0.07573989604328
Stock impact report

UFP Technologies Announces Record Q3 2022 Results

UFP Technologies, Inc. (UFPT) 
Last ufp technologies, inc. earnings: 3/4 08:35 am Check Earnings Report
US:NASDAQ Investor Relations: ufpt.com/investors
Company Research Source: GlobeNewswire
NEWBURYPORT, Mass., Nov. 02, 2022 (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 $19.5 million or $2.56 per diluted common share outstanding for its third quarter ended September 30, 2022, compared to net income of $3.8 million or $0.50 per diluted common share outstanding for the same quarter in 2021. Sales for the third quarter were $97.0 million compared to 2021 third quarter sales of $50.7 million. Net income for the nine-month period ended September 30, 2022 was $33.3 million or $4.37 per diluted common share outstanding compared to $12.7 million or $1.67 per diluted common share outstanding for the same period in 2021. Sales for the nine-month period ended September 30, 2022 were $262.6 million compared to sales of $150.0 million for the same period in 2021. “I am very pleased with our Q3 results,” said Show less Read more
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