NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Wednesday reported net income of $11.6 million in its fourth quarter.
On a per-share basis, the Newburyport, Massachusetts-based company said it had net income of $1.51. Earnings, adjusted for non-recurring costs, were $1.53 per share.
The packaging company and component manufacturer posted revenue of $101.5 million in the period.
For the year, the company reported profit of $44.9 million, or $5.83 per share. Revenue was reported as $400.1 million.
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