Us Global Investors, Inc. (GROW) Reports Q1 EPS of $0.02

Go back to Us Global Investors, Inc. (GROW) Reports Q1 EPS of $0.02

U.S. Global Investors Reports Positive Financial Results for First Quarter of 2017 Fiscal Year

November 4, 2016 4:15 PM EDT

SAN ANTONIO, TX -- (Marketwired) -- 11/04/16 -- U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported net income of $263,000, or $0.02 per share, on operating revenues of $2.0 million for the quarter ended September 30, 2016. This was an improvement over the same quarter of the previous year, which had a net loss of $868,000, or ($0.06) per share, on operating revenues of $1.3 million.

"We are pleased to report this turnaround," says Frank Holmes, CEO and chief investment officer of U.S. Global... More