earnings
confidence high
sentiment negative
materiality 0.75
SPMC Q3 FY2025 GAAP net loss $43.9M; NAV $14.02; common div $0.20/mo
Sound Point Meridian Capital, Inc.
- GAAP net loss of $43.9M ($2.14 per share); net investment income $9.0M ($0.44 per share).
- NAV per common share $14.02 at Dec 31, 2025; estimated NAV $13.40 at Jan 31, 2026.
- Unrealized loss on investments $51.8M ($2.53 per share); realized loss $1.1M.
- Monthly common dividend $0.20 for Apr/May/Jun 2026; preferred dividends at stated rates.
- Received $29.6M cash distributions from CLO equity portfolio in Q4 fiscal quarter.