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Stock impact report

VALUE LINE, INC. ANNOUNCES THIRD QUARTER EARNINGS

Value Line, Inc. (VALU) 
US:NASDAQ Investor Relations: valueline.com/about/investorrelation.aspx
Company Research Source: GlobeNewswire
New York, March 15, 2024 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) reported financial results for the third fiscal quarter ended January 31, 2024. Retained earnings at January 31, 2024, were $102,292,000, an increase of 6.6% compared to retained earnings at April 30, 2023. Shareholders’ equity reached $89,246,000 at January 31, 2024, an increase of 6.7% from the shareholders’ equity of $83,673,000 as of April 30, 2023. During the nine months ended January 31, 2024, the Company’s net income of $14,232,000, or $1.51 per share, was 1.4% above net income of $14,036,000, or $1.48 per share, for the nine months ended January 31, 2023. During the three months ended January 31, 2024, the Company’s net income of $5,885,000, or $0.62 per share, was 12.2% above net income of $5,248,000, or $0.55 per share, for the three months ended January 31, 2023. The Company’s quarterly report on Form 10-Q has been filed with the SEC and is available on the Company’s website at www.valueline Show less Read more
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