StocksMedium•7 November 2026•
1 min read
The Marygold Companies Reports $1.8 Million Net Income in Fiscal Q1
Key Facts
1The Marygold Companies reported net income of $1.8 million for the first fiscal quarter ended September 30, 2026.
The Marygold Companies reported net income of $1.8 million for the first fiscal quarter ended September 30, 2026. Benzinga reported that these results represent a return to profitability compared to a net loss of $0.4 million in the same period last year. Company revenue rose to $9.4 million during the quarter, up from $5.2 million a year ago.
MGLD closed at $1.97 on November 6, 2026, with the stock trading between a high of $1.98 and a low of $1.97 during the session. CEO Nicholas Gerber noted that the company's USCF Investments unit nearly doubled its revenue to $8.4 million, while cash and cash equivalents stood at $4.5 million at the close of the fiscal quarter.