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Fidus Investment: 3Q Earnings Snapshot

EVANSTON, Ill. (AP) _ Fidus Investment Corp. (FDUS) on Thursday reported third-quarter earnings of $13.9 million.

The Evanston, Illinois-based company said it had net income of 57 cents per share. Earnings, adjusted for investment gains, were 30 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The closed-end investment company posted revenue of $19.2 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $19.5 million.

Fidus Investment shares have climbed 26% 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