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Mar 31, 2023
Gladstone Investment Q4 2023 Earnings Report
Gladstone Investment reported earnings for Q4 2023, with net investment income at $9.6 million and adjusted net investment income at $8.6 million.
Key Takeaways
Gladstone Investment Corporation announced its Q4 and fiscal year results ending March 31, 2023. The company reported a net investment income of $9.6 million, or $0.29 per weighted-average common share. Net asset value per common share decreased to $13.09 from $13.43 in the previous quarter.
Net investment income for the quarter was $9.6 million, or $0.29 per weighted-average common share.
Adjusted net investment income was $8.6 million, or $0.26 per weighted-average common share.
Net asset value per common share decreased to $13.09.
The company sold 144,504 shares of common stock under the ATM program, raising approximately $2.0 million in net proceeds.
Forward Guidance
The company will hold its earnings release conference call on Thursday, May 11, 2023, at 8:30 a.m. Eastern Time.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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