U.S. Global Investors Reports Resilient Results for a Challenging March Quarter, Expands Brand in the U.K.
SAN ANTONIO, May 09, 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 operating revenues of $2.6 million in the quarter ended March 31, 2024. Net income was mostly flat as the Company saw a decrease in advisory fees, lower investment income and lower assets under management (AUM) compared to the previous quarter and the same quarter a year earlier.