March 21, 2025 - 19:52
HAUPPAUGE, N.Y., March 21, 2025 -- United-Guardian, Inc. has reported a significant increase in both net sales and net income for the fiscal year 2024 compared to the previous year. The company's net sales rose by 12%, climbing from $10,885,154 in 2023 to an impressive $12,181,971 in 2024. This upward trend in sales has translated into a notable increase in net income, which reached $3,250,875, or $0.71 per share, up from $2,581,370, or $0.56 per share, in 2023.
Donna Vigilante, President of United-Guardian, expressed satisfaction with the financial results, highlighting the company's commitment to growth and efficiency. The increase in sales and profits reflects the company's strategic initiatives and market positioning. Vigilante's optimism suggests that the company is well-prepared for future challenges and opportunities, aiming to continue this positive trajectory in the coming years. The results demonstrate a strong foundation for sustained success and shareholder value.
