UFPT Q1 2024 Earnings — UFP Technologies, Inc. Revenue & Financial Results | Market Cap Arena

UFPTUFP Technologies, Inc.

$2B

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$105M+7.4% YoY

Gross Profit

$30M28.6% margin

Operating Income

$16M15.2% margin

Net Income

$13M12.1% margin

EPS (Diluted)

$1.64

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$408M

Total Liabilities

$113M

Stockholders' Equity

$295M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$98M	+7.4%
Gross Profit	$30M	$29M	+4.8%
Operating Income	$16M	$13M	+24.0%
Net Income	$13M	$10M	+30.3%