UFPT Q1 2023 Earnings — UFP Technologies, Inc. Revenue & Financial Results | Market Cap Arena

UFPTUFP Technologies, Inc.

$2B

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$98M+37.2% YoY

Gross Profit

$29M29.4% margin

Operating Income

$13M13.1% margin

Net Income

$10M10.0% margin

EPS (Diluted)

$1.27

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$456,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$391M

Total Liabilities

$144M

Stockholders' Equity

$246M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$98M	$71M	+37.2%
Gross Profit	$29M	$17M	+67.5%
Operating Income	$13M	$6M	+101.9%
Net Income	$10M	$5M	+100.5%