earnings
confidence high
sentiment negative
materiality 0.75
Gladstone Capital Q2 NII $0.25/sh; NAV $9.90; reverse stock split completed
GLADSTONE CAPITAL CORP
2024-Q2 EPS reported
$0.52
- Total investment income $24.0M, up 3.3% QoQ; NII $10.8M ($0.25/sh) vs $11.9M ($0.27/sh) prior quarter.
- Net asset value per share $9.90 (post-split equivalent $19.80); fair value of investments at 100.1% of cost.
- Invested $44.7M in quarter; total investments $791.6M at fair value.
- Subsequent events: $7.3M new investment in Total Access Elevator; $29.7M payoff from Giving Home Healthcare including $0.9M prepayment.
- Declared monthly distributions: $0.165/common share for Apr, May, Jun (post-split).