Prospect Capital reports Q2 net loss of $51.4M; NII per share $0.24, NAV $8.92

PROSPECT CAPITAL CORP

2024-Q2 EPS reported $0.10

Net investment income $96.9M ($0.24/share), down from $125.6M ($0.31) prior quarter and $106.7M ($0.27) year ago.
Net loss applicable to common shareholders $51.4M ($0.13 loss per share) vs net income of $94.0M prior quarter.
NAV per common share $8.92, down from $9.25 at Sept 30, 2023 and $9.94 a year earlier.
Declares 80th consecutive $0.06 monthly common dividend; annualized yield 12.4% based on Feb 7 close of $5.81.
No debt maturing in 2024; $998M liquidity; investment grade ratings affirmed with stable outlook.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PROSPECT CAPITAL CORP reported Six Months Ended December 31, 2023 results: net income $42,575, EPS $0.10.

Period: Six Months Ended December 31, 2023
Net income: $42,575
EPS: $0.10
Result: reported results

Exact text from the filing

All amounts in $000’s except per share amounts Six Months Ended Six Months Ended December 31, 2023 December 31, 2022 NII $222,539 $205,970 NII per Common Share $0.54 $0.52 Net Income (Loss) Applicable to Common Shareholders $42,575 $(49,576) Net Income (Loss) per Common Share $0.10 -$0.13

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PROSPECT CAPITAL CORP reported fiscal quarter ended December 31, 2023 results: net income $(51,436), EPS $(0.13).

Period: fiscal quarter ended December 31, 2023
Net income: $(51,436)
EPS: $(0.13)
Result: reported results

Exact text from the filing

Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2023. FINANCIAL RESULTS All amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter Ended December 31, 2023 September 30, 2023 December 31, 2022 Net Investment Income (“NII”) $96,927 $125,612 $106,704 NII per Common Share $0.24 $0.31 $0.27 Interest as % of Total Investment Income 92.3% 85.7% 89.6% Net Income (Loss) Applicable to Common Shareholders $(51,436) $94,011 $55,623 Net Income (Loss) per Common Share $(0.13) $0.23 $0.14

View on SEC.gov

Browse all earnings releases →

PROSPECT CAPITAL CORP filing history →

Source: SEC EDGAR

accession 0001287032-24-000046

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.