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

On a per-share basis, the Newburyport, Massachusetts-based company said it had profit of $2.10. Earnings, adjusted for non-recurring costs, were $2.46 per share.

The packaging company and component manufacturer posted revenue of $144.1 million in the period.

For the year, the company reported profit of $59 million, or $7.58 per share. Revenue was reported as $504.4 million.

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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