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Mar 31, 2024
Gladstone Capital Q2 2024 Earnings Report
Gladstone Capital's financial performance for the second quarter of 2024 was reported, demonstrating an increase in total investment income and net asset value per share.
Key Takeaways
Gladstone Capital Corporation reported an increase in total investment income driven by higher interest income from investments. Net investment income was $10.8 million, or $0.25 per share. The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.
Total investment income increased by 3.3% compared to the prior quarter, driven by a rise in interest income.
Net investment income was $10.8 million, or $0.25 per share for the quarter.
The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.
Secured first lien assets continue to be over 70% of debt investments, at cost, with a weighted average yield of 14.0%.
Revenue by Segment
Revenue by Geographic Location
Historical Earnings Impact
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Avg. Return Before/After Earnings
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