NEWBURYPORT, Mass. (AP) _ UFP Technologies Inc. (UFPT) on Tuesday reported second-quarter net income of $2.3 million.
The Newburyport, Massachusetts-based company said it had profit of 31 cents per share.
The packaging company and component manufacturer posted revenue of $42.6 million in the period.
UFP shares have dropped 12% since the beginning of the year. The stock has declined 1% in the last 12 months.
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The Associated Press
