GROW U.S. Global Investors, Inc.
Price Chart
Executive Summary
U.S. Global Investors announced a restatement of EPS for the three- and nine-month periods ended March 31, 2026, due to a miscalculation of weighted average shares outstanding. The correction reduces basic and diluted EPS by $0.02 for the quarter (to $0.21) and $0.01 for the nine-month period, with no impact on net income, revenue, or cash position. The company also highlighted a $2.7 million net income quarter and $1.6 billion AUM, but the restatement undermines near-term credibility.
Key Financial Metrics
Actionable Insight
The EPS restatement is a credibility hit for a small-cap asset manager, though the underlying business metrics (net income, AUM) remain unchanged. Traders should watch for the 10-Q/A filing and any subsequent analyst downgrades or selling pressure. The active buyback program may provide some support, but the stock's thin liquidity amplifies downside risk.
Key Facts
- EPS restated for Q3 FY2026: corrected basic/diluted EPS is $0.21, down from previously reported $0.23 (overstated by $0.02).
- Weighted average shares understated by 702,484 for the quarter and 230,743 for the nine-month period.
- Restatement has no effect on net income ($2.7M), total revenues, operating income, or cash position.
- Company repurchased ~2.7M shares over five years, reducing share count by >20%.
- Average AUM reached $1.6 billion, highest in nearly two years.
Financial Impact
EPS overstated by $0.02 for the quarter and $0.01 for the nine-month period; no change to net income or revenue.
Risk Factors
- Further scrutiny from regulators or auditors on internal controls over financial reporting.
- Potential loss of investor confidence leading to share price weakness.
- Low liquidity (avg daily volume ~24K shares) could exacerbate any sell-off.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3304789 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 8, 2026
8d ago
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8-K
| $2.74 $2.99 | ▲ +9.12% | ▲ +7.01% | $2.91 (+6.20%) |
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Jun 5, 2026
11d ago
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10-Q/A
| $2.74 $2.99 | ▼ −9.12% | ▼ −7.01% | $2.91 (−6.20%) |
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Jun 4, 2026
12d ago
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Insider Cluster
| $2.71 $2.90 | ▲ +7.09% | ▲ +9.64% | $2.91 (+7.38%) |
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Jun 2, 2026
14d ago
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Insider Cluster
| $2.61 $2.77 | ▲ +6.23% | ▲ +10.05% | $2.91 (+11.49%) |
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Jun 1, 2026
15d ago
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Press Release
| $2.59 $2.77 | ▼ −7.05% | ▼ −10.01% | $2.91 (−12.36%) |
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May 6, 2026
5w ago
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Press Release
| $2.61 $2.55 | ▼ −2.37% | ▼ −3.88% | $2.91 (+11.41%) |
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Mar 13, 2026
13w ago
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Press Release
| $3.20 $2.88 | ▼ −10.03% | ▼ −7.91% | $2.91 (−9.12%) |
US Market Status
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