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U.S. Global Investors, Inc. (NASDAQ:GROW ) Q4 2024 Earnings Conference Call September 11, 2024 8:30 AM ET Company Participants Holly Schoenfeldt - Director, Marketing Frank Holmes - Chief Executive Officer & Chief Investment Officer Lisa Callicotte - Chief Financial Officer Holly Schoenfeldt [Starts Abruptly] The presenters for today's program are Frank Holmes, U.S. Global Investors' CEO and Chief Investment Officer; Lisa Callicotte, Chief Financial Officer; and myself, Holly Schoenfeldt, Director of Marketing. On the next slide, during this webcast we may make forward-looking statements about our relative business outlook.
U.S. Global Investors (NASDAQ:GROW) has reported solid financial results for the fiscal year ended June 30, 2024, amid challenging macroeconomic conditions.
SAN ANTONIO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with deep expertise in global markets and specialized sectors from gold mining to airlines, today announced operating revenues of approximately $11 million for the fiscal year ended June 30, 2024. The Company reported net income of $1.3 million, down from $3.1 million in the same period the previous year, largely due to a decrease in advisory fees stemming from lower assets under management (AUM). However, net investment income surged to $2.1 million, a remarkable 578% increase from the prior 12-month period.
There is a significant contrarian opportunity in the gold market, according to U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes.
San Antonio, TX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (Nasdaq: GROW) will host a webcast on Wednesday, September 11, 2024, at 07:30 a.m. Central time to discuss the company's results for the fiscal year 2024.Financial data for the quarter will be released prior to the webcast.
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Is Bitcoin set to rise even higher? Some analysts think the answer is yes, and quickly.
New PCE data released Friday shows a welcome slowdown in inflation, boosting the outlook for future Fed rate cuts while strong income and spending levels suggest no rush to cut rates immediately. Inflation figures came in below expectations, with both headline and core inflation showing minimal increases of -0.01% and 0.08%, respectively, which resulted in year-over-year core and headline PCE inflation falling to 2.6%.
TORONTO, ON / ACCESSWIRE / June 20, 2024 / CO2 GRO Inc. ("CO2" or the "Company") (TSXV:GROW) announces the resignations of Mr. Samuel Kanes, Mr.
U.S. Global Investors (NASDAQ:GROW) told shareholders that it plans to continue monthly dividends, increased share buybacks, and make strategic investments in high-potential market sectors like gold and airlines.