NEWBURYPORT, Mass. (AP) — NEWBURYPORT, Mass. (AP) — UFP Technologies Inc. (UFPT) on Tuesday reported profit of $16.4 million in its third quarter.

On a per-share basis, the Newburyport, Massachusetts-based company said it had profit of $2.11. Earnings, adjusted for one-time gains and costs, came to $2.39 per share.

The packaging company and component manufacturer posted revenue of $145.2 million in the period.

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