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Stock impact report

Gladstone Capital fiscal Q1 net investment income comes in a hair below consensus [Seeking Alpha]

Gladstone Capital Corporation - Closed End Fund (GLAD) 
Last gladstone capital corporation - closed end fund earnings: 2/5 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstonecapital.com
Company Research Source: Seeking Alpha
Total investment income for the quarter ended Dec. 31, 2023 of $23.2M, vs. $23.5M expected, slipped from $23.8M for the quarter ended Sept. 30, 2023. The decrease in total investment income was driven by a $0.3M decrease in interest income and a $0.3M decrease in other income, the business development company said. The pullback in interest income reflected a 1.6% decrease in the weighted average principal balance of GLAD's interest-bearing investments from $668.2M during the quarter ended Sept. 30, 2023 to $657.6M during the quarter ended Dec. 31, 2023. Q1 increase decrease in net assets resulting from operations was $20.0M compared with $13.1M in the previous quarter Conference call on Feb. 6 at 8:30 a.m. ET. Earlier, Gladstone Capital ( GLAD reports Q1 results. Recommended For You Recommended For You About GLAD Ticker Related Stocks Trending Analysis Trending News Show less Read more
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