UFP Technologies Q4 Profit Rises

(RTTNews) - UFP Technologies Inc. (UFPT) reported that its fourth-quarter net income was $3.4 million or $0.47 per share, compared to $3.2 million or $0.45 per share in the comparable quarter last year. On average, two analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share. Analysts' estimates typically exclude special items.

Operating income for the latest fourth quarter was $5.3 million, up from $4.6 million last year.

Sales for the latest fourth quarter were $35.0 million, up from $33.4 million in the prior year quarter.