Gladstone Investment Corporation announced earnings for its third fiscal quarter ended December 31, 2022, with a net investment income of $8.6 million, or $0.26 per weighted-average common share. The net asset value per common share increased to $13.43, and the company saw significant portfolio activity and distributions during the quarter.
Net investment income was $8.6 million, or $0.26 per weighted-average common share.
Adjusted net investment income was $10.0 million, or $0.30 per weighted-average common share.
Net asset value per common share increased to $13.43.
The company recapitalized its investment in Old World Christmas, Inc. and invested an additional $15.5 million.
In January 2023, the Board of Directors declared monthly and supplemental distributions to common stockholders, totaling $0.480 per share for the quarter.
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