{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-006922","form_type":"8-K","ticker":"UFPT","cik":"0000914156","company_name":"UFP TECHNOLOGIES INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.382747+00:00","generated_at":"2026-06-08T08:22:58.082277+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"UFP Technologies Q3 adjusted net income up 13.8% to $11.9M; sales $100.8M","bullets":["Sales Q3 $100.8M (+3.9% YoY); YTD $298.6M (+13.7%). Organic growth 5.6% in Q3.","Adjusted net income Q3 $11.9M (+13.8%); YTD $35.8M (+44.4%). Adjusted EBITDA $19.3M.","Medical sales Q3 $87.1M (+6.8%); gross margin improved to 27.5% from 26.3% YoY.","CEO notes customer inventory softness short-term; expansion in Dominican Republic (+40k sq ft) and Costa Rica (+15k sq ft) to boost capacity.","GAAP net income Q3 $11.7M down from $19.5M due to prior-year gain on Molded Fiber sale."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-006922","json":"https://secwatch.observer/filing/0001171843-23-006922.json","markdown":"https://secwatch.observer/filing/0001171843-23-006922.md","text":"https://secwatch.observer/filing/0001171843-23-006922.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/914156/000117184323006922/0001171843-23-006922-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/914156/000117184323006922/f8k_110923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:22:58.082277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"59060f70f1933db1c365d63b95f8101c86baa76a","claim":"UFP TECHNOLOGIES INC reported the nine-month period ended September 30, 2023 results: revenue $298.6 million, net income $33.3 million.","evidence_excerpt":"Sales for the nine-month period ended September 30, 2023 were $298.6 million compared to sales of $262.6 million in the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/914156/000117184323006922/0001171843-23-006922-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine-month period ended September 30, 2023"},{"label":"Revenue","value":"$298.6 million"},{"label":"Net income","value":"$33.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"604c2a795ed99e5e783a2c37867c641302019ccc","claim":"UFP TECHNOLOGIES INC reported the third quarter of 2023 results: revenue $100.8 million, net income $11.7 million.","evidence_excerpt":"reported that adjusted net income increased 13.8% to $11.9 million in the third quarter of 2023 from $10.4 million in the third quarter of 2022. Sales for the third quarter were $100.8 million compared to 2022 third quarter sales of $97.0 million. Adjusted net income increased 44.4% to $35.8 million for the nine-month period ended September 30, 2023 from $24.8 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/914156/000117184323006922/0001171843-23-006922-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Revenue","value":"$100.8 million"},{"label":"Net income","value":"$11.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}