GROW
U.S. Global Investors reports Q4 EPS of $0.74 vs $0.05 in 4Q05; revs rose 279% YoY (28.02 ) : GROW reports Q4 EPS of $0.74 vs $0.05 in 4Q05; revs rose 279% YoY to $19.0 mln (there are no estimates). The growth in revenue and earnings is mostly due to fee increases associated with the substantial rise of assets under management. U.S. Global's average mutual fund assets grew 94.1% during the year, most of that coming in the natural resources and emerging market sectors. In addition, the company expanded its outside advisory services. U.S. Global's mutual fund assets under management stood at $4.44 bln as of June 30, 2006, more than double the $2.13 bln under management on June 30, 2005. The company also had $201.2 mln under management for other advisory clients. During the fourth quarter, the company averaged $5 bln in total assets under management
U.S. Global Investors reports Q4 EPS of $0.74 vs $0.05 in 4Q05; revs rose 279% YoY (28.02 ) : GROW reports Q4 EPS of $0.74 vs $0.05 in 4Q05; revs rose 279% YoY to $19.0 mln (there are no estimates). The growth in revenue and earnings is mostly due to fee increases associated with the substantial rise of assets under management. U.S. Global's average mutual fund assets grew 94.1% during the year, most of that coming in the natural resources and emerging market sectors. In addition, the company expanded its outside advisory services. U.S. Global's mutual fund assets under management stood at $4.44 bln as of June 30, 2006, more than double the $2.13 bln under management on June 30, 2005. The company also had $201.2 mln under management for other advisory clients. During the fourth quarter, the company averaged $5 bln in total assets under management