United-Guardian Reports Increased First Quarter Sales & Earnings [Yahoo! Finance]
United-Guardian, Inc. (UG)
US:NASDAQ Investor Relations:
u-g.com
Company Research
Source: Yahoo! Finance
First quarter sales increased from $2,570,324 in 2023 to $3,254,944 in 2024, with net income increasing from $756,081 ($0.16 per share) to $925,442 ($0.20 per share). Donna Vigilante, President of United-Guardian, stated, “We are pleased to announce that sales increased by 27% for the first quarter of 2024 compared with the same period in 2023. Cosmetic ingredients saw the greatest increase with sales up 146%. The increase was primarily attributable to an increase in purchases from our largest cosmetic distributor, ASI. We did, however, experience a decrease in our pharmaceutical sales of 30%. While we saw a slight increase in Clorpactin ® WCS90 sales it was offset by a larger decrease in Renacidin ® sales which occurred as a result of a temporary shutdown at our contract manufacturer's facility late last year. We were forced to allocate our existing stock of Renacidin to maintain sufficient supply levels to fill customer orders. We are happy to announce that production of Renacidin
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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, 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 Appoints New Marketing Director [Yahoo! Finance]Yahoo! Finance
- United-Guardian Appoints New Marketing DirectorGlobeNewswire
UG
Sec Filings
- 5/21/24 - Form 8-K
- 5/17/24 - Form 8-K
- 5/13/24 - Form 10-Q
- UG's page on the SEC website