U S GLOBAL INVESTORS INC

U.S. Global Investors, Inc. announced the continuation of its monthly dividend payment of $0.0075 per share for July, August, and September 2026. This represents an annualized yield of approximately 3.1%. The company also highlighted the positive impact of falling oil prices on airline stocks, noting significant gains for Delta Air Lines and United Airlines, and expressed optimism for the global air travel sector.

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.

U.S. Global Investors, Inc. filed an amendment to its Quarterly Report on Form 10-Q for the three and nine months ended March 31, 2026, to restate previously issued financial statements. The restatement was necessary due to an error in the calculation of weighted average shares outstanding, which led to an overstatement of basic and diluted earnings per share (EPS). The company also identified a material weakness in its internal control over financial reporting related to this error.

U.S. Global Investors, Inc. announced the completion of the restatement of its earnings per share (EPS) figures for the three-month and nine-month periods ended March 31, 2026, and has filed an amended Quarterly Report on Form 10-Q/A. The restatement corrected an inadvertent omission in weighted-average shares, which had overstated basic and diluted EPS by $0.02 for the three months and $0.01 for the nine months. The company emphasized that the miscalculation did not impact net income, total revenues, operating income, or cash position, and highlighted strong underlying financial results for the quarter, including $2.7 million net income and 10% revenue growth.

U.S. Global Investors, Inc. announced it will restate its Q3 and YTD March 31, 2026, financial statements due to an error in calculating basic and diluted weighted-average shares outstanding. This error led to an overstatement of basic and diluted EPS by $0.02 for the three-month period and $0.01 for the nine-month period. The company emphasized that the error did not impact revenues, expenses, net income, cash flows, or financial position. A material weakness in internal control over financial reporting was identified, and remedial measures are being implemented.

U.S. Global Investors announced it will restate its earnings per share (EPS) figures for the three-month and nine-month periods ended March 31, 2026, due to a miscalculation of weighted average shares outstanding. The error, a clerical omission in a supporting spreadsheet, resulted in an overstatement of basic and diluted EPS by $0.02 for the three months and $0.01 for the nine months. The company clarified that this miscalculation had no impact on reported net income, total revenues, operating income, or cash position. CEO Frank Holmes reassured shareholders that underlying business fundamentals remain strong, with Q3 net income of $2.7 million and AUM reaching $1.6 billion.

U.S. Global Investors reported a significant turnaround in its financial performance for the three and nine months ended March 31, 2026. The company posted a net income of $2.68 million for the quarter, reversing a loss from the prior year, and a net income of $3.34 million for the nine-month period. This improvement was largely driven by a substantial increase in net investment income, alongside an increase in total operating revenues.

U.S. Global Investors, Inc. will host a webcast on Thursday, May 14, at 7:30 a.m. Central time to discuss its third-quarter fiscal year 2026 results. Financial data will be released before the webcast. CEO Frank Holmes, CFO Lisa Callicotte, and Director of Marketing Holly Schoenfeldt are scheduled to participate in the event.