earnings
confidence high
sentiment neutral
materiality 0.65
SuRo Capital Q1 2023 NAV per share $7.59, net investment loss $4.2M
SURO CAPITAL CORP.
2023-Q1 EPS reported
$0.16
- Net asset value $7.59/share at Mar 31, 2023 vs $7.39 at Dec 31, 2022 and $12.22 a year ago.
- Net investment loss of $4.2M ($0.15/share); net increase in net assets from ops $4.6M ($0.16) down from $20.5M ($0.66) year ago.
- Tender offer purchased 3.0M shares at $4.50/share, 10.6% of outstanding, for $13.5M.
- Post-quarter abandoned Ozy Media investment, resulting in $10.9M realized loss.
- Liquid assets $135.6M; share repurchase program has $16.4M remaining through Oct 2023.