earnings
confidence high
sentiment negative
materiality 0.70
Sound Point Meridian Capital reports fiscal Q2 net loss of $17.2M; NAV per share $16.91
Sound Point Meridian Capital, Inc.
- GAAP net loss $17.2M ($0.84/sh); NII $11.0M ($0.54/sh) on $20.2M investment income.
- NAV per share $16.91 as of Sep 30, 2025; estimated NAV $16.17 as of Oct 31, 2025.
- Weighted avg effective yield on CLO equity 12.0%; received $24.8M cash distributions from portfolio.
- Declared monthly common dist. $0.25/sh; Series A pref $0.16667/sh; Series B pref $0.1640625/sh.