UFPT Q2 2023 Earnings — UFP Technologies, Inc. Revenue & Financial Results | Market Cap Arena

UFPTUFP Technologies, Inc.

$2B

Q2 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$100M+6.0% YoY

Gross Profit

$30M29.6% margin

Operating Income

$17M17.0% margin

Net Income

$12M11.9% margin

EPS (Diluted)

$1.55

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$398M

Total Liabilities

$138M

Stockholders' Equity

$260M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$94M	+6.0%
Gross Profit	$30M	$24M	+21.9%
Operating Income	$17M	$12M	+39.7%
Net Income	$12M	$9M	+33.1%