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Sep 30, 2023
Gladstone Investment Q2 2024 Earnings Report
Reported financial results for the second quarter ended September 30, 2023.
Key Takeaways
Gladstone Investment Corporation reported a net investment loss of $1.7 million, or $(0.05) per weighted-average common share, compared to net investment income of $8.4 million, or $0.25 per weighted-average common share, for the quarter ended June 30, 2023. Net asset value per common share as of September 30, 2023 was $14.03, compared to $12.99 as of June 30, 2023.
Net investment loss for the quarter was $1.7 million, or $(0.05) per weighted-average common share.
Total investment income was $20.3 million.
Net asset value per common share as of September 30, 2023 was $14.03.
Invested $46.0 million in a new portfolio company, The E3 Company, LLC.
Forward Guidance
The statements in this press release regarding potential future distributions, earnings and operations of the Company are “forward-looking statements.” These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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