A surgical robot can work for years. Its sterile drapes get thrown away after the procedure.
$UFPT makes those drapes, equipment covers and other disposable medical components.
Q2 revenue grew 15.1% to $174 million, including 12.4% organic growth.
Net income grew 21.4%.
For its single-use products, the customer has to keep ordering as procedures continue.
The disposable part of an expensive machine can be a pretty good business.
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