Fidus Investment: Q1 Earnings Snapshot

EVANSTON, Ill. (AP) — EVANSTON, Ill. (AP) — Fidus Investment Corp. (FDUS) on Thursday reported first-quarter earnings of $15.5 million.

The Evanston, Illinois-based company said it had net income of 62 cents per share. Earnings, adjusted for investment gains, were 59 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The closed-end investment company posted revenue of $29.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $27.9 million.

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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