NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Monday reported earnings of $17.5 million in its first quarter.

On a per-share basis, the Newburyport, Massachusetts-based company said it had net income of $2.24. Earnings, adjusted for one-time gains and costs, came to $2.48 per share.

The packaging company and component manufacturer posted revenue of $154.2 million in the period.

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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

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