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Jun 30, 2024

Crescent Capital BDC Q2 2024 Earnings Report

Reported net investment income and net income for Q2 2024, with net asset value per share increased.

Key Takeaways

Crescent Capital BDC reported a net investment income of $0.59 per share and a net income of $0.55 per share for the quarter ended June 30, 2024. The net asset value per share increased to $20.30. The company declared a third quarter regular cash dividend of $0.42 per share and a second quarter supplemental cash dividend of $0.09 per share.

Net investment income was $0.59 per share.

Net income was $0.55 per share.

Net asset value per share increased to $20.30.

Declared a third quarter regular cash dividend of $0.42 per share and a second quarter supplemental cash dividend of $0.09 per share.

Total Revenue
$45.4M
Previous year: $46.7M
-2.9%
EPS
$0.59
Previous year: $0.56
+5.4%
Yield on Income Securities
12.2%
Previous year: 11.7%
+4.3%
Floating Rate Debt %
96.9%
Previous year: 98.6%
-1.7%
Cash and Equivalents
$36.1M
Previous year: $21.5M
+68.4%
Free Cash Flow
$22.2M
Total Assets
$1.67B
Previous year: $1.62B
+2.9%

Crescent Capital BDC

Crescent Capital BDC

Crescent Capital BDC Revenue by Segment

Forward Guidance

Crescent BDC's press release contains forward-looking statements regarding future financial or business performance, strategies, and expectations, which are subject to numerous risks and uncertainties.