secwatch.observer — SEC 8-K summary
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Issuer:     UNITED GUARDIAN INC (UG)
CIK:        0000101295
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001171843-22-005640
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United-Guardian Q2 net income down 53% to $0.14/share; H1 sales up 6%
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- H1 2022 sales $7.52M (+6% YoY); net income $1.54M ($0.34/share) vs $2.53M ($0.55/share) in H1 2021.
- Q2 net income fell to $633K ($0.14/share) from $1.34M ($0.29/share); sales down slightly to $3.63M.
- Profit hit by higher raw material and shipping costs and decline in marketable securities value.
- Pharmaceutical product sales up 8% QoQ; non-pharmaceutical medical product sales surged 55% on China order.
- Company implemented price increases in April to partially offset rising costs; optimistic on securities recovery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101295/000117184322005640/0001171843-22-005640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101295/000117184322005640/f8k_080122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005640

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