secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNITED GUARDIAN INC (UG)
CIK:        0000101295
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001171843-22-003617
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United-Guardian Q1 net sales up 13% to $3.89M, net income down 23% to $0.20 EPS; declares $0.37 dividend
--------------------------------------------------------------------------------

- Net sales $3.89M (+13% YoY); net income $911K ($0.20 diluted EPS) vs $1.18M ($0.26) in Q1 2021.
- Cosmetic ingredients sales up 27% YoY; pharmaceutical sales increased, medical products decreased.
- Net income decline driven by drop in marketable securities value and higher raw material & shipping costs.
- Declared $0.37/share dividend payable June 1, 2022, record May 23, 2022; marks 27th consecutive year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101295/000117184322003617/0001171843-22-003617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101295/000117184322003617/f8k_051022.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-003617

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer