Sprott Q2 Net Income Falls, Net Revenue Rises-March 2024-www.financetom.com

Sprott Q2 Net Income Falls, Net Revenue Rises

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Sprott Q2 Net Income Falls, Net Revenue Rises

Aug 7, 2024 5:00 AM

07:33 AM EDT, 08/07/2024 (MT Newswires) -- Sprott (SII.TO) on Wednesday said second-quarter net income fell 25% while net revenue rose.

The asset management company said net income fell to US$13.4 million, or US$0.53 per share, from US$17.7 million or US$0.70 per share last year, which benefited from a one-time US$18.6-million gain.

Total net revenue rose to US$41.6 million, from US$37 million in the prior year.

They company will pay a quarterly dividend of US$0.25 per share.

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