
ClarificationJun 8, 2026, 11:52 AM
U.S. Global Investors Restates Q3 2026 EPS to $0.21
AI Summary
U.S. Global Investors announced the restatement of its earnings per share (EPS) for the three and nine months ended March 31, 2026, due to an inadvertent omission in weighted-average shares calculation. Basic and diluted EPS for Q3 2026 were corrected from $0.23 to $0.21, and for the nine-month period from $0.27 to $0.26. The company clarified that this miscalculation had no impact on net income, total revenues, operating income, or cash position, emphasizing that its reported financial strength remains unchanged. Underlying Q3 2026 results showed net income of $2.7 million, a 31% increase in total operating revenues to $2.8 million, and average AUM of $1.6 billion.
Key Highlights
- Q3 2026 restated basic and diluted EPS: $0.21 (previously $0.23).
- Nine months ended March 31, 2026, restated basic and diluted EPS: $0.26 (previously $0.27).
- Q3 2026 net income was $2.7 million.
- Q3 2026 total operating revenues increased 31% YoY to $2.8 million.
- Q3 2026 average Assets Under Management (AUM) was $1.6 billion.
- Weighted average shares for Q3 2026 were understated by 702,484 shares.
- Weighted average shares for the nine months ended March 31, 2026, were understated by 230,743 shares.
Price Impact
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