U.S. Global Investors Q1 net income jumps 378% helped by investment income gains
Overview U.S. Global Investors fiscal Q1 net income rises 378% yr/yr, driven by investment income Company fiscal Q1 operating revenues up 15% from June qtr, 4% yr/yr Fund flows into gold mining and natural resource funds turn positive Result Drivers INVESTMENT INCOME - Net income increase largely driven by investment income, which rose nearly 300% from the previous quarter GOLD FUND FLOWS - Positive fund flows into gold mining and natural resource funds due to historic gold price surge AUM SLIGHT INCREASE - Average AUM rose slightly from previous quarter but below year-ago levels Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q1 Net Income | $1.50 mln |
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