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United-Guardian reports Q1 earnings of $0.63 million, a rise in net sales, but faces stock price drop.
United-Guardian reported Q1 earnings with an EPS of $0.11 and a net income of $0.63 million, despite a stock price drop to $9.50 following the report.
The company, known for its cosmetic and pharmaceutical products, saw its stock rated "buy" by StockNews.com.
For FY 2024, United-Guardian saw a 12% rise in net sales and a 28% increase in net income compared to the previous year, driven by higher sales of cosmetic ingredients and medical lubricants, though pharmaceutical sales fell by 5%.
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United-Guardian reporta ganancias Q1 de $0.63 millones, un aumento en las ventas netas, pero se enfrenta a la caída del precio de las acciones.