Detail akcie UFP Tech online

Business Summary: UFP Technologies, Inc. is a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other engineered custom products. Its single-use and single-patient devices and components are used in a range of medical devices and packaging for minimally invasive surgery, infection prevention, surfaces and support, wound care, wearables, orthopedic soft goods, and orthopedic implants. It is also providing engineered products and components. Typical applications of its products include military uniform and gear components, automotive interior trim, air filtration, and protective cases and inserts. It also engineers’ components for automotive use, such as interior trim and structural applications. These components are produced using a compression molding process. It also develops and manufactures single-use safe patient handling systems, thermoformed, heat-sealed implantable medical device components, custom-engineered foam and thermoplastic components.
Financial Summary: BRIEF: For the six months ended 30 June 2024, UFP Technologies Inc revenues increased 9% to $215.2M. Net income increased 21% to $26.2M. Revenues reflect Medical segment increase of 9% to $185.5M, Aerospace &Defence segment increase of 41% to $12M. Net income benefited from Change in fair value of contingent consi decrease of 84% to $476K (expense), Interest expense - Balancing value decrease of 38% to $1.2M (expense).