earnings
confidence high
sentiment negative
materiality 0.70
Gladstone Investment Q3 net investment income $0.03/sh, down 85% from prior Q; NAV $13.30
GLADSTONE INVESTMENT CORPORATION\DE
2025-Q3 EPS
reported $0.57
vs consensus $0.23
▲ beat
(+145.3%)
- Net investment income $1.2M ($0.03/sh) vs $7.3M ($0.20/sh) in prior Q; adjusted NII $0.23/sh (4% decline).
- Total investment income $21.4M (down 5.3%); expenses rose 32% to $20.2M on incentive fee accruals.
- Invested $187M in three new companies: Pyrotek, Nielsen-Kellerman, Ricardo; portfolio at fair value $1.07B.
- NAV per share $13.30 (up 6.5% from $12.49) driven by $37.3M unrealized appreciation.
- Issued $126.5M of 7.875% Notes due 2030; subsequently amended credit facility to $250M.