AP NEWS

UFP: 4Q Earnings Snapshot

March 4, 2020 GMT

NEWBURYPORT, Mass. (AP) _ UFP Technologies Inc. (UFPT) on Wednesday reported fourth-quarter earnings of $5.8 million.

On a per-share basis, the Newburyport, Massachusetts-based company said it had profit of 77 cents.

The packaging company and component manufacturer posted revenue of $50.3 million in the period.

For the year, the company reported profit of $19.8 million, or $2.63 per share. Revenue was reported as $198.4 million.

UFP shares have decreased slightly since the beginning of the year. The stock has risen 53% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFPT at https://www.zacks.com/ap/UFPT