United-Guardian Reports 2022 Financial Results
United-Guardian, Inc. (UG)
US:NASDAQ Investor Relations:
u-g.com
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ:UG) reported that net income for FY 2022 decreased by 45% compared to FY 2021. Net sales for the year decreased by 9% from $13,929,629 in 2021 to $12,698,503 in 2022, generating net income of $2,569,512 ($0.56 per share) in 2022 compared to $4,658,542 ($1.01 per share) in 2021. Beatriz Blanco, President of United-Guardian, stated, “The decrease in the Company’s net income was primarily caused by a decrease in revenue of our cosmetic ingredients combined with increased losses from our marketable securities portfolio. The main factors which negatively impacted the sales of our cosmetic ingredients were 1) overstocking by certain contract manufactures in 2021, in an effort to avoid potential supply chain issues in 2022, and 2) lower demand in Asia, especially in China, due to China’s zero-COVID mandate that was in place for much of 2022. Our pharmaceutical and medical lubricants business remained stron
Show less
Read more
Impact Snapshot
Event Time:
UG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UG alerts
High impacting United-Guardian, Inc. news events
Weekly update
A roundup of the hottest topics
UG
News
- United-Guardian, Inc. (NASDAQ: UG) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- United-Guardian, Inc. (NASDAQ: UG) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- United-Guardian, Inc. (NASDAQ: UG) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- United-Guardian, Inc. (NASDAQ: UG) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- United-Guardian, Inc. (NASDAQ: UG) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
UG
Sec Filings
- 3/23/23 - Form 10-K
- 3/17/23 - Form 8-K
- 2/13/23 - Form SC
- UG's page on the SEC website