U.S. Global Investors Completes Q3 EPS Restatement, Adjusting Figures by $0.02
GROW sits 20% above its 52-week low of $2.23.
Summary
U.S. Global Investors announced the completion of its Q3 2026 EPS restatement, filing an amended 10-Q/A. This follows the June 1st news and 8-K disclosing the intent to restate due to a calculation error and a material weakness in internal controls. The restatement reduced Q3 basic and diluted EPS by $0.02, from $0.23 to $0.21. Importantly, the company stated the error had no impact on net income, revenues, operating income, or cash position, emphasizing that its financial strength remains intact.
At the time of this announcement, GROW was trading at $2.67 on NASDAQ in the Finance sector, with a market capitalization of approximately $33.1M. The 52-week trading range was $2.23 to $3.65. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.