United-Guardian Q3 net income up to $0.19/share; nine-month sales +17%

UNITED GUARDIAN INC

Nine-month 2024 sales $9.7M (+17% YoY); net income $2.7M ($0.60/share) vs $1.8M ($0.40/share) in 2023.
Q3 sales steady at $3.06M; net income $865K ($0.19/share) up from $627K ($0.14/share).
Cosmetic ingredient sales surged 68% in nine months, driven by largest distributor.
Medical lubricant sales +4% over nine months; pharmaceutical sales -11% due to Renacidin supply disruption.
President expects continued recovery from Renacidin supply shutdown.

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