ufp technologies inc (UFPT) Key Developments
UFP Technologies Mulls Acquisitions
Nov 5 13
UFP Technologies, Inc. (NasdaqCM:UFPT), which reported net income of $2.9 million in third quarter ended September 30, 2013, is looking for acquisitions. Chairman and Chief Executive Officer, R. Jeffrey Bailly said, “In addition, we continue our efforts to identify strategic acquisitions that can increase our value to customers and help position UFP Technologies for long-term success. With our strengthening balance sheet, we are well positioned to respond quickly to these opportunities.”
UFP Technologies, Inc. Reports Unaudited Consolidated Earning Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 5 13
UFP Technologies, Inc. reported unaudited consolidated earning results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net sales of $34,700,000 against $31,967,000 a year ago. Operating income was $4,484,000 against $4,070,000 a year ago. Income before income taxes was $4,441,000 against $4,056,000 a year ago. Net income from consolidated operations was $2,887,000 against $2,596,000 a year ago. Net income per diluted share outstanding was $0.41 against $0.37 a year ago.
For the nine months, the company reported net sales of $104,229,000 against $97,592,000 a year ago. Operating income was $12,073,000 against $12,064,000 a year ago. Income before income taxes was $11,945,000 against $12,019,000 a year ago. Net income from consolidated operations was $7,899,000 against $7,692,000 a year ago. Net income per diluted share outstanding was $1.11 against $1.09 a year ago.
UFP Technologies, Inc. to Report Q3, 2013 Results on Nov 05, 2013
Nov 3 13
UFP Technologies, Inc. announced that they will report Q3, 2013 results on Nov 05, 2013
UFP Technologies, Inc. Appoints Lucia Luce Quinn to its Board of Directors
Sep 17 13
UFP Technologies, Inc. announced that it has expanded its Board of Directors to eight members with the election of Lucia Luce Quinn. Ms. Quinn is the Chief People Officer at Forrester Research, Inc. Previously, Ms. Quinn was Senior Vice President, Global Human Resources and Corporate Affairs for ConvaTec, Inc. She also served as Executive Vice President, BSC Global Human Resources at Boston Scientific, and has held senior management positions at Quest Diagnostics, Honeywell, Digital Equipment Corp. and Westinghouse Electric Corp.
UFP Technologies, Inc. Names David Smith as Vice President of Operations
Aug 26 13
UFP Technologies, Inc. announced it has named David Smith Vice President of Operations. Prior to joining UFP Technologies, David spent nearly 25 years at Rogers Corporation in a variety of capacities.