Value Line, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023
March 14, 2023 at 04:16 pm EDT
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Value Line, Inc. reported earnings results for the third quarter and nine months ended January 31, 2023. For the third quarter, the company reported revenue was USD 9.97 million compared to USD 10.26 million a year ago. Net income was USD 5.25 million compared to USD 5.61 million a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to USD 0.59 a year ago.
For the nine months, revenue was USD 29.98 million compared to USD 30.4 million a year ago. Net income was USD 14.04 million compared to USD 20.02 million a year ago. Basic earnings per share from continuing operations was USD 1.48 compared to USD 2.1 a year ago.
Value Line, Inc. is engaged in producing investment periodicals and their underlying research and making available Value Line copyrights, Value Line trademarks and Value Line Proprietary Ranks and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. It markets its products under brands including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. The Value Line Research Center allows subscribers to access most of the Companyâs research and publications at a packaged price via the Internet. It offers digital versions of most of its products through the Company's Website, www.valueline.com. Its periodicals and related publications and services are marketed to individual and professional investors, as well as to institutions including municipal and university libraries and investment firms.