UNITED-GUARDIAN REPORTS FY-2019 FINANCIAL RESULTS
United-Guardian, Inc. (UG)
US:NASDAQ Investor Relations:
u-g.com
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., March 19, 2020 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ:UG) reported today that sales and earnings for FY-2019 were up slightly from 2018, with sales increasing from $13,445,565 to $13,599,084, and net income increasing from $4,352,331 ($0.95 per share) to $4,761,711 ($1.04 per share), an increase in earnings of 9.4%. “Although we were one of many companies that were negatively impacted by the trade war between the U.S. and China in 2019, our sales into China were still considerable, and we expect China to remain an important market for us, especially as the impact of the coronavirus diminishes,” said Ken Globus, President of United-Guardian. “Our sales in China, as well as in Korea, were also impacted by increased competition from lower-priced Asian competitors, but we are optimistic that our appointment of a new marketing partner in Korea will enable us to recover some of the business we lost there.” “Offsetting the lower sales of our cosmetic ingredien
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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 Reports Increased First Quarter Sales & Earnings [Yahoo! Finance]Yahoo! Finance
- United-Guardian Reports Increased First Quarter Sales & EarningsGlobeNewswire
- 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
- 5/17/24 - Form 8-K
- 5/13/24 - Form 10-Q
- 5/10/24 - Form 8-K
- UG's page on the SEC website