United-Guardian (UG) Posts Y/Y Q2 Earnings & Sales Growth

United-Guardian, Inc. (UG) delivered strong second-quarter 2024 results, marked by notable sales growth and a significant rise in net income. The company's performance was fueled by robust demand in its cosmetic ingredients and medical lubricants segments, reflecting its ability to capitalize on market opportunities despite ongoing challenges. However, despite these gains, United-Guardian faced profitability pressures due to higher raw material costs and an unfavorable product mix, highlighting the complexi ...