U.S. Global Investors posts flat 2Q profit, 12% rise in revenue (US Global Investors)

Date : 02/08/2008 @ 5:18PM
Source : TFN
Stock : US Global Investors (GROW)
Quote : 7.21  1.4 (24.10%) @ 8:00PM
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U.S. Global Investors posts flat 2Q profit, 12% rise in revenue (US Global Investors)

        SAN FRANCISCO (Thomson Financial) - U.S. Global Investors Inc. late Friday
reported fiscal second-quarter net earnings of $2.465 million, or 16 cents a
share, flat versus $2.46 million, or 16 cents a share, in the same period last
year.
    Revenue in the quarter ended Dec. 31 rose 12% to $13.9 million, the San
Antonio-based investment advisory firm said.
    Assets under management for SEC-registered funds and other clients stood at 
about $5.7 billion at the end of the quarter, up 14% from a year ago.
    The company's shares closed at 417.45.
    
Gabriel Madway
gm

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