United-Guardian FY2025 net sales down 13% to $10.5M; net income falls to $2.1M ($0.46/share)

UNITED GUARDIAN INC

Net sales $10.5M, down 13% from $12.2M in FY2024; net income $2.1M ($0.46/share) vs $3.3M ($0.71/share) prior year.
Cosmetic ingredient sales declined due to excess inventory at distributor Ashland Specialty Ingredients and weaker China demand.
Pharmaceuticals up 15%, medical lubricants up 4% YoY; Renacidin added to two major pharmacy benefit manager formularies.
Management optimistic about new marketing agreements and distributor efforts to regain market share in coming years.

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