US Global Investors Q3 Sales $2.59M Down From $3.62M YoY
Portfolio Pulse from Benzinga Newsdesk
US Global Investors (NASDAQ:GROW) reported a 28.45% decrease in sales for Q3, with $2.59 million compared to $3.62 million in the same period last year.
May 09, 2024 | 9:08 pm
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US Global Investors reported a significant decrease in sales for Q3, indicating a potential concern for investors.
A 28.45% decrease in sales year-over-year is a significant decline, likely reflecting operational challenges or decreased demand for US Global Investors' offerings. This could lead to negative investor sentiment in the short term, potentially impacting the stock price negatively.
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