---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-017140"
form_type: "8-K"
ticker: "GROW"
cik: "0000754811"
company_name: "U S GLOBAL INVESTORS INC"
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T03:22:13.998713+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# U.S. Global Investors Q2 fiscal 2023 net income $0.06 EPS on rev $3.7M, down from $0.24 EPS

## Summary
- Operating income $908K vs $2.94M a year ago; revenue fell 43% to $3.7M.
- Net income $869K ($0.06 per share) vs $3.59M ($0.24) in prior-year quarter.
- AUM at Dec 31, 2022 was $2.4B, up $112M from prior quarter but down from $4.1B avg a year ago.
- Share repurchases jumped 736% to 87,407 shares for ~$250K; monthly dividend policy maintained.
- CEO cites challenging capital markets; gold fund USERX earned 5-star Morningstar rating for 10-year period.

## SEC filing metadata
- accession: 0001437749-23-017140
- form_type: 8-K
- ticker: GROW
- cik: 0000754811
- company_name: U S GLOBAL INVESTORS INC
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/754811/000143774923017140/0001437749-23-017140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/754811/000143774923017140/usglobal20230612_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-017140
- JSON: https://secwatch.observer/filing/0001437749-23-017140.json
- Plain text: https://secwatch.observer/filing/0001437749-23-017140.txt

## Key facts
- Earnings Releases
  U S GLOBAL INVESTORS INC reported the quarter ended December 31, 2022 results: revenue total revenues of $3.7 million, net income net income of $869,000, EPS $0.06 per share.
  - Period: the quarter ended December 31, 2022
  - Revenue: total revenues of $3.7 million
  - Net income: net income of $869,000
  - EPS: $0.06 per share
  - Result: reported results
  source text: today reported operating income of $908,000 for the quarter ended December 31, 2022, on total revenues of $3.7 million. The Company recorded net income of $869,000, or $0.06 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/754811/000143774923017140/0001437749-23-017140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
