United-Guardian Inc. stock falls 9.6% despite strong 2024 sales & earnings
From Zacks Investment Research: 2025-03-26 12:52:00
United-Guardian, Inc. (UG) shares have fallen 9.6% after reporting 2024 results, while the S&P 500 grew 1.9%. Revenue increased 12% to $12.18 million, with net income rising 26% to $3.25 million. Sales of cosmetic ingredients and medical lubricants surged, but pharmaceutical sales declined 5% due to supply disruptions. Management is optimistic about a sales rebound in 2025. UG’s president highlighted growth in China and potential for historical sales levels. The company ended the year with total assets of $13.80 million and operating expenses increased 13%. Financial success was driven by higher sales volumes and controlled expenses.
Read more at Zacks Investment Research: United-Guardian Stock Dips 9.6% Despite Robust 2024 Sales & Earnings – March 26, 2025
