U.S. Global Investors Reports Profitability for the First Quarter of 2025 Fiscal Year
U.S. Global Investors, Inc. - Class A (GROW)
US:NASDAQ Investor Relations:
usfunds.com/about-us/investor-relations
Company Research
Source: GlobeNewswire
SAN ANTONIO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to airlines, today reported net income of $315,000, or $0.02 per share, for the quarter ended September 30, 2024, compared to a net loss of $176,000 in the same quarter a year earlier. Net income was bolstered by strong consolidated other income of $995,000, a change of approximately $1.5 million from the quarter ended September 30, 2023. The change in other income was primarily due to net realized and unrealized gains in investment income, compared to net realized and unrealized losses in investment income in the three-month period a year ago. This helped offset lower operating revenue during the quarter ended September 30, 2024. Inverted Yield Curve and U.S. Presidential Election Weighed on Investor Sentiment Average assets under managem
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GROW
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/1/24 - Form 4
- GROW's page on the SEC website