SuRo Capital Q2 2023 NAV $7.35; realized loss $13.3M; buyback up to $60M

SURO CAPITAL CORP.

2023-Q2 EPS reported -$0.41

NAV per share $7.35 at June 30, 2023, down from $7.59 at March 31 and $9.24 a year ago.
Net realized loss on investments $13.3M (Q2 2023) vs $2.0M in Q2 2022; net loss from operations $(15.6M) vs $(94.3M) prior year.
Board authorized $5M increase to share repurchase program, raising aggregate to $60M; extended through Oct 31, 2024; $21.4M remains available.
Completed Modified Dutch Auction Tender Offer on April 21, 2023, repurchasing 3M shares at $4.50 per share (10.6% of outstanding).
New investments: $10M secondary in ServiceTitan, $0.5M SAFE in PayJoy; post-Q2 $5.8M in FourKites, $0.5M in Hearth, $1.0M in Prophet Exchange.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SURO CAPITAL CORP. reported financial results for the quarter ended June 30, 2023.

Period: the quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 9, 2023, SuRo Capital Corp. (the "Company") issued a press release announcing its financial results for the fiscal quarter ended June 30, 2023 (the "Press Release").

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

SURO CAPITAL CORP. filing history →

Source: SEC EDGAR

accession 0001104659-23-089302

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