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 | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
6d ago
|
8-K
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.96 (+8.03%) |
|
Jun 5, 2026
9d ago
|
10-Q/A
| $2.73 awaiting T+1 | awaiting T+1 | — | $2.96 (−8.42%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $2.71 $2.67 | ▼ −1.48% | ▲ +1.12% | $2.96 (+9.23%) |
|
Jun 2, 2026
12d ago
|
Insider Cluster
| $2.61 $2.71 | ▲ +3.83% | ▲ +3.43% | $2.96 (+13.41%) |
|
Jun 1, 2026
13d ago
|
Press Release
| $2.59 $2.61 | ▼ −0.77% | ▼ −1.49% | $2.96 (−14.29%) |
|
May 6, 2026
5w ago
|
Press Release
| $2.61 $2.61 | · 0.00% | ▼ −0.83% | $2.96 (+13.32%) |
|
Mar 13, 2026
13w ago
|
Press Release
| $3.20 $3.24 | ▲ +1.18% | ▲ +0.15% | $2.96 (−7.56%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access