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UFP: 1Q Earnings Snapshot

NEWBURYPORT, Mass. (AP) _ UFP Technologies Inc. (UFPT) on Tuesday reported first-quarter earnings of $3.7 million.

On a per-share basis, the Newburyport, Massachusetts-based company said it had net income of 50 cents.

The packaging company and component manufacturer posted revenue of $47.3 million in the period.

UFP shares have climbed 20% since the beginning of the year. The stock has increased 8.5% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFPT at https://www.zacks.com/ap/UFPT