NEWBURYPORT, Mass. (AP) 鈥� NEWBURYPORT, Mass. (AP) 鈥� UFP Technologies Inc. (UFPT) on Monday reported earnings of $17.5 million in its first quarter.
On a per-share basis, the Newburyport, Massachusetts-based company said it had net income of $2.24. Earnings, adjusted for one-time gains and costs, came to $2.48 per share.
The packaging company and component manufacturer posted revenue of $154.2 million in the period.
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