Gold.com reports Q1 2027 revenue down 11% but gross profit up 23% and declares $0.20 dividend
Gold.com Inc. posted fiscal Q1 2027 revenue of about $3.27 billion, an 11% year‑over‑year decline, while gross profit rose 23% to $89.6 million. Net income turned positive at $1.6 million, or $0.05 per diluted share. The board declared a quarterly cash dividend of $0.20 per share. Management highlighted higher margins, integration of recent acquisitions and a slower market environment.
Why it matters
The dividend payout of $0.20 per share keeps the annualized dividend at $0.80, which may support the stock’s yield despite weaker revenue (the company’s earnings release says). The revenue decline and improved profitability could affect cash‑flow expectations and guide analysts’ forecasts.
Key facts
- 1Revenue for the quarter was $3.265 billion, down 11% year over year. finance.yahoo.com
- 2Revenue was $3.27 billion, down 11% YoY, according to the SEC filing. tradingview.com
- 3Gross profit increased 23% to $89.6 million. finance.yahoo.com
- 4Gross profit rose 23% to $89.6 million, and gross margin improved to 2.74% from 1.98%. tradingview.com
- 5Net income attributable to the company was $1.6 million, or $0.05 per diluted share. tradingview.com
- 6Adjusted net income before taxes rose 172% to $13.2 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.