UFP Technologies, Inc. (UFPT) Q1 2026 Earnings Call Transcript
UFP Technologies, Inc. (UFPT) Q1 2026 Earnings Call Transcript
UFP Technologies, Inc. (UFPT) Q1 2026 Earnings Call Transcript
GRAND RAPIDS, Mich., May 5, 2026 /PRNewswire/ -- UFP Packaging a division of UFP Industries (NASDAQ: UFPI), has brought two strategic acquisitions into its network that significantly expand UFP Packaging's national pallet manufacturing into the Northeast and Upper Midwest and advance its ability to deliver consistent, large-scale pallet solutions to national customers across the country.
UFP Technologies (UFPT) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.47 per share a year ago.
NEWBURYPORT, Mass.--(BUSINESS WIRE)--UFP Technologies, Inc. (Nasdaq: UFPT), a contract development and manufacturing organization that specializes in single-use and single-patient medical devices, today reported net income of $17.5 million for its first quarter ended March 31, 2026, 1.8% higher than net income of $17.2 million for the first quarter of 2025. Net sales for the quarter ended March 31, 2026 were $154.2 million, 4.1% higher than 2025 first quarter sales of $148.1 million. GAAP and a.
GRAND RAPIDS, Mich., May 4, 2026 /PRNewswire/ -- UFP Industries (NASDAQ: UFPI) today announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer headquartered in Coatesville, Pa.
NEWBURYPORT, Mass., April 30, 2026 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a contract development and manufacturing organization that specializes in single-use and single-patient medical devices, today announced that the Company plans to report results for the first quarter on Monday, May 4th, after the close of the stock market.
GRAND RAPIDS, Mich., April 29, 2026 /PRNewswire/ -- UFP Industries, Inc. (Nasdaq: UFPI) a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments reported results for the first quarter 2026.
GRAND RAPIDS, Mich., April 29, 2026 /PRNewswire/ -- UFP Packaging, a division of UFP Industries (NASDAQ: UFPI), announced this week the acquisition of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minn.
GRAND RAPIDS, Mich., April 28, 2026 /PRNewswire/ -- UFP Industries (NASDAQ: UFPI) today announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million.
GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ -- As UFP Industries (NASDAQ: UFPI) accelerates its acquisition strategy, President and CEO Will Schwartz today announced the creation of a new executive role designed to maximize the value of newly acquired businesses and strengthen the performance of existing operations across the enterprise.
GRAND RAPIDS, Mich., April 8, 2026 /PRNewswire/ -- UFP Industries (Nasdaq: UFPI) will announce first quarter 2026 results after the market close on Wednesday, April 29, 2026.
UFP Industries, Inc. UFPI is strengthening its position in outdoor living through a strategic move by its Deckorators division. The company acquired the remaining operating assets of MoistureShield, a well-known brand in the decking market.
Allspring Global Investments Holdings LLC lifted its position in shares of UFP Technologies, Inc. (NASDAQ: UFPT) by 60.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,135 shares of the industrial products company's stock after purchasing
Congress Asset Management Co. boosted its stake in UFP Technologies, Inc. (NASDAQ: UFPT) by 32.4% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 441,122 shares of the industrial products company's stock after purchasing an additional 107,908 shares
GRAND RAPIDS, Mich., March 24, 2026 /PRNewswire/ -- UFP Packaging debuted Slot-Lock and Clamp-Lock 100, two new industrial crate systems engineered for nail-gun-free assembly.
UFP Industries remains a "Buy" despite ongoing revenue and profit declines tied to weakness in residential and construction markets. UFPI trades at a compelling valuation, both absolutely and relative to peers, supported by a robust balance sheet with $729.7 million in net cash. Management anticipates flat or slightly down demand in 2026 but is executing $60 million in cost cuts and planning $300–$350 million in strategic investments.
NEWBURYPORT, Mass. , March 17, 2026 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a contract development and manufacturing organization that specializes in single-use and single-patient medical devices, today announced that President Mitchell Rock and Chief Financial Officer Ron Lataille will participate in a virtual fireside chat at the upcoming KeyBanc Capital Markets Virtual Healthcare Forum on March 18, 2026, beginning at approximately 10:30 AM ET.
UFPI benefits from Deckorators' momentum, Surestone innovation and acquisitions to offset residential weakness, while cost cuts and buybacks support the strategy.
NEWBURYPORT, Mass., Feb. 27, 2026 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), a contract development and manufacturing organization that specializes in single-use and single-patient medical devices, today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming Raymond James 47th Annual Institutional Investors Conference to be held in Orlando, Florida March 1-4, 2026. UFP's presentation is scheduled to begin at 2:50 PM on Tuesday, March 3rd. A live webcast of UFP's presentation will be available here.
UFP Technologies, Inc. (UFPT) Q4 2025 Earnings Call Transcript