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Article: UFP Technologies Reports Strong Q3 Results.
- Article from:
- Business Wire
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GEORGETOWN, Mass. -- UFP Technologies, Inc. (Nasdaq: UFPT), a manufacturer of packaging and component products, today reported net income of $2.1 million or $0.34 per diluted share outstanding for its third quarter ended September 30, 2009, compared to 2008 third quarter net income of $1.2 million or $0.20 per diluted share outstanding. Sales for the quarter were $27.6 million, slightly higher than 2008 third quarter sales of $27.5 million. For the nine-month period ended September 30, 2009, the Company reported net income of $3.0 million or $0.49 per diluted common share outstanding, compared to $4.0 million or $0.63 per diluted common share outstanding in the same 2008 ...