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Fidus Investment: 2Q Earnings Snapshot

EVANSTON, Ill. (AP) _ Fidus Investment Corp. (FDUS) on Thursday reported second-quarter net income of $3.2 million.

The Evanston, Illinois-based company said it had net income of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The closed-end investment company posted revenue of $18.1 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $19.4 million.

Fidus Investment shares have risen 38% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDUS at https://www.zacks.com/ap/FDUS