NASDAQ$UFPT

UFP Technologies Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported record results driven by growth in medical sales and improved operating efficiency.

UFP Technologies reported a slight decrease in sales but an increase in net income for Q4 2019 compared to Q4 2018. Full year results showed significant growth in revenue, operating income, and net income, driven by increased medical sales and improved operating efficiency.

  • Net income for Q4 2019 was $5.8 million, or $0.77 per diluted share, compared to $4.4 million, or $0.59 per diluted share, in Q4 2018.
  • Sales for Q4 2019 were $50.3 million, slightly down from $50.7 million in Q4 2018.
  • Medical sales increased 16.9% to $128.9 million, representing 65% of the total business.
  • The company paid off the $56 million borrowed to purchase Dielectrics.

Headline financials

Total Revenue

$50.3M

Previous: $50.7M-0.9%
EPS (adj)

$0.76

Previous: $0.59+28.8%
Capital Expenditures

$1.4M

Previous: $907K+54.0%
Free Cash Flow

$7.45M

Previous: $6.86M+8.5%
Net Income

$5.8M

Previous: $4.41M+31.5%
Operating Income

$24.7M

Previous: $5.49M+349.6%
Gross Profit

$13.8M

Previous: $12.7M+8.4%
Cash & Equivalents

$3.74M

Previous: $3.24M+15.6%
Total Assets

$189M

Previous: $190M-0.4%
Stock-Based Comp

$422K

Previous: $249K+69.5%

Revenue & EPS history

UFP Technologies · Revenue · Quarterly

$50.3M

Q4 2019-0.9%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

UFP Technologies · $129M total across 1 segment · Q4 2019

  • Medical
    $129M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+2.7%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.5%

Avg return

30 days after

66%

43 / 65 earnings

Positive

+24.0%

Q1 2024

Best reaction

-11.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.2%-1.0%+1.1%
Q4 2025+0.3%-15.1%-21.2%
Q3 2025+12.2%+13.6%+8.6%
Q1 2025+11.2%+19.8%+23.6%
Q4 2024+9.4%-5.5%-15.7%
Q3 2024+23.8%+24.2%+4.5%
Q2 2024+2.8%-5.4%+7.7%
Q1 2024+24.0%+24.5%+26.4%
Q4 2023+10.5%+11.3%+26.2%
Q3 2023-11.6%-8.0%+6.9%
Q2 2023-5.5%-6.3%-9.7%
Q1 2023+5.8%+2.0%+13.9%
Q4 2022+10.8%+2.9%+16.5%
Q3 2022+16.4%+21.5%+31.6%
Q2 2022+11.2%+11.1%+14.1%
Q1 2022+5.9%+3.1%+14.2%
Q4 2021-1.0%-11.1%+1.3%
Q3 2021+4.1%+6.8%+7.6%
Q2 2021+9.6%+12.5%+14.8%
Q1 2021+8.1%+8.8%+15.4%
Q4 2020+1.4%-7.8%-0.7%
Q3 2020+13.2%+18.9%+25.0%
Q2 2020+3.7%+2.5%-6.4%
Q1 2020+1.3%+7.1%+10.0%
Q4 2019+3.0%-4.2%-28.6%
Q3 2019-0.2%+1.3%+7.7%
Q2 2019+2.6%-1.4%-2.2%
Q1 2019+2.8%+3.6%+5.0%
Q4 2018-1.4%-0.2%+8.6%
Q3 2018-0.8%-1.8%+5.1%
Q2 2018+2.7%+10.2%+7.6%
Q1 2018-0.6%-3.2%-6.2%
Q4 2017-3.3%-1.4%+3.7%
Q3 2017-10.1%-11.1%-9.0%
Q2 2017-3.3%-3.8%-8.0%
Q1 2017+1.7%+1.1%+4.9%
Q4 2016+0.4%+1.2%+5.7%
Q3 2016-4.6%-3.5%-4.6%
Q2 2016+3.3%+2.9%+7.5%
Q1 2016+1.3%
Q4 2015+5.6%
Q3 2015-0.6%
Q2 2015+12.7%
Q1 2015-2.7%
Q4 2014-7.5%
Q3 2014+0.9%
Q2 2014-2.1%
Q1 2014-1.2%
Q4 2013+0.1%
Q3 2013-0.9%
Q2 2013+1.4%
Q1 2013-3.4%
Q4 2012-0.6%
Q3 2012-2.5%
Q2 2012+1.3%
Q1 2011+2.5%
Q1 2012+0.6%
Q4 2009-3.0%
Q4 2011-3.0%
Q3 2010+2.6%
Q3 2011+2.6%
Q4 2010+1.3%
Q2 2010+1.3%
Q2 2011+1.3%
Q1 2010+0.5%

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