NASDAQ$UFPT

UFP Technologies Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

UFP Technologies reported record results driven by strong sales growth and strategic acquisitions.

UFP Technologies reported a strong Q4 2024 with a 41.9% increase in sales and a 41.1% increase in net income compared to the same period in 2023. The company's adjusted EPS grew by 50% to $2.46. The performance of newly acquired companies exceeded expectations, contributing to the overall growth.

  • Q4 sales increased by 41.9% year-over-year, reaching $144.1 million.
  • Net income for Q4 grew by 41.1% year-over-year, totaling $16.4 million.
  • Adjusted EPS for Q4 increased by 50% year-over-year, reaching $2.46.
  • Newly acquired companies performed ahead of expectations.

Headline financials

Total Revenue

$144M

Previous: $101M+41.9%
EPS (adj)

$2.46

Previous: $1.51+62.9%
Organic Sales Growth Rate

0.0%

No prior period
Gross Margin

29.2%

No prior period
Adjusted SG&A %

11.2%

No prior period
Adjusted EBITDA

$30.4M

No prior period
Net Income

$16.4M

Previous: $11.6M+41.4%

Revenue & EPS history

UFP Technologies · Revenue · Quarterly

$144M

Q4 2024+41.9%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

UFP Technologies · $6.8M total across 1 segment · Q3 2023

  • Medical
    $6.8M

Forward guidance

UFP Technologies anticipates continued growth, supported by new business development, quality assurance, and strategic acquisitions. The company has two major programs launching in the second half of 2025 and a robust pipeline of new business opportunities. Strong cash flow is expected to help reduce debt and finance new deals.

Tailwinds

  • New talent added in business development and quality assurance.
  • Two major programs launching in the second half of 2025.
  • Robust growing pipeline of new business opportunities.
  • Continuing efforts on the acquisition front.
  • Strong cash flow will help reduce debt and finance new deals.

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 2024

Historical avgQ4 2024

+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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