secwatch.observer — SEC 8-K summary
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Issuer:     UNITED GUARDIAN INC (UG)
CIK:        0000101295
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001171843-24-002760
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United-Guardian Q1 2024 sales up 27% to $3.25M; net income $0.20 per share
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- Q1 2024 sales $3.25M, up 27% YoY; net income $925K ($0.20 EPS), up from $756K ($0.16 EPS) in Q1 2023.
- Cosmetic ingredients sales surged 146% driven by increased purchases from largest distributor ASI.
- Pharmaceutical sales fell 30% due to Renacidin production halt at contract manufacturer; production resumed late March.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101295/000117184324002760/0001171843-24-002760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101295/000117184324002760/f8k_051024.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002760

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