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Stock impact report

VALUE LINE, INC. ANNOUNCES FIRST QUARTER EARNINGS

Value Line, Inc. (VALU) 
US:NASDAQ Investor Relations: valueline.com/about/investorrelation.aspx
Company Research Source: GlobeNewswire
Value Line, Inc. 551 Fifth Avenue New York, NY 10176 New York, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported financial results for the first fiscal quarter ended July 31, 2024. During the three months ended July 31, 2024, the Company’s net income of $5,887,000, or $0.62 per share, was 21.2% above net income of $4,859,000, or $0.52 per share, for the three months ended July 31, 2023. The Company’s revenues of $4,241,000 from its non-voting revenues interest in EAM and non-voting profits interest in EAM increased $1,384,000 or 48.4% above the prior fiscal year. During the three months ended July 31, 2024, the Company’s total investment gains of $1,709,000 increased $954,000 or 126.4% above the prior fiscal year. Retained earnings at July 31, 2024, were $107,311,000, an increase of 2.9% compared to retained earnings at April 30, 2024. Shareholders’ equity reached $93,853,000 at July 31, 2024, an increase of 3.4% from the shareholders’ equity Show less Read more
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