United-Guardian (UG) Reports Q2 EPS of $0.10
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Go back to United-Guardian (UG) Reports Q2 EPS of $0.10
August 11, 2023 9:00 AM EDT
HAUPPAUGE, N.Y., Aug. 11, 2023 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ: UG) announced today the financial results for the second quarter and first half of 2023. Sales for the six-month period ended June 30th decreased from $7,518,535 in 2022 to $5,220,623 in 2023. Net income decreased from $1,544,789 ($0.34 per share) to $1,217,175 ($0.26 per share). Second quarter sales decreased from $3,626,177 to $2,650,299, with net income decreasing from $633,324 ($0.14 per share) to $461,094 ($0.10 per share).
Donna Vigilante, President of United-Guardian, stated, The sales decrease for both the second quarter and the first six months of 2023 was primarily due to a... More
