NEW YORK, Jan. 21, 2022 Value Line, Inc., announced today that its Board of Directors declared on January 21, 2022 a quarterly cash dividend of $0.22 per common share, payable on February 11,. | January 21, 2022
VALUE LINE, INC. ANNOUNCES FISCAL YEAR 2021 EARNINGS
July 28, 2021 22:43 ET | Source: Value Line, Inc. Value Line, Inc. New York, New York, UNITED STATES
NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) Value Line, Inc., (NASDAQ:
VALU) reported results for the fiscal year ended April 30, 2021.
During the twelve months ended April 30, 2021, the Company’s net income of $23,280,000, or $2.43 per share, was 55.8% above net income of $14,943,000, or $1.55 per share, for the twelve months ended April 30, 2020. Earnings for the fiscal year ended April 30, 2020 were revised, as were earnings for the fiscal year ended April 30, 2019, to reflect the required adoption of FASB ASU 2016-01 effective for the fiscal year beginning May 1, 2018 and ending April 30, 2019. This change transferred unrealized gains and losses on equity securities to earnings, from comprehensive income. Shareholders’ equity remains unchanged for each of the fiscal