secwatch.observer — SEC 8-K summary
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Issuer:     UFP TECHNOLOGIES INC (UFPT)
CIK:        0000914156
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001171843-22-007130
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UFP Technologies reports record Q3: EPS $2.56 vs $0.50, sales up 91% to $97M
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- Net income $19.5M ($2.56 diluted EPS) vs $3.8M ($0.50) in Q3 2021; sales $97.0M, up 91.2% YoY.
- Medical market sales surged 152% to $81.6M; organic sales grew 21.7%, organic operating income up 36.6%.
- Results include $15.6M gain on sale of Molded Fiber Technology and $3.3M earnout charge for DAS acquisition.
- Gross margin improved to 26.3% from 23.7%; year-to-date net income $33.3M, up from $12.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/0001171843-22-007130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/f8k_110422.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007130

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