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Recap: Gladstone Cap Q4 Earnings

Benzinga Insights
·1 min read

Shares of Gladstone Cap (NASDAQ:GLAD) rose 1.4% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 4.76% over the past year to $0.20, which were in line with the estimate of $0.20.

Revenue of $12,579,000 declined by 1.09% from the same period last year, which beat the estimate of $12,120,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

View more earnings on GLAD

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $10.69

52-week low: $4.04

Price action over last quarter: Up 7.98%

Company Profile

Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.

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