United-Guardian, Inc. (UG) Reports Q1 EPS of $0.29

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Go back to United-Guardian, Inc. (UG) Reports Q1 EPS of $0.29

United-Guardian Reports Strong First Quarter Results

May 7, 2014 9:01 AM EDT

HAUPPAUGE, N.Y., May 7, 2014 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (Nasdaq: UG) reported today that both sales and earnings were strong for the first quarter of 2014, with sales increasing slightly over last year's first quarter. While earnings were strong as well, they were lower than last year's first quarter due to the ending of monthly compensation payments the company had been receiving from one of its suppliers. As a result, earnings per share decreased from $0.34 per share to $0.29 when compared with the same period last year.

Ken Globus, President of United-Guardian, stated,... More