Value Line's Q1 Earnings Increase Y/Y on EAM Growth
VALUValue Line(VALU) ZACKS·2024-09-17 02:06

For the fiscal first quarter ended July 31, 2024, Value Line, Inc. (VALU) reported a net income of 5.9million,translatingtoearningspershare(EPS)of62cents.Thisrepresentsa21.25.9 million, translating to earnings per share (EPS) of 62 cents. This represents a 21.2% increase compared to the 4.9 million, or 52 cents per share, reported in the same quarter of the previous year. The company’s revenues, primarily driven by its non-voting revenues and non-voting profits interests in EAM (EULAV Asset Management), rose significantly. Revenues from these interests totaled $4.2 million, a 4 ...