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Sep 30, 2024
OFS Capital Q3 2024 Earnings Report
Announced third quarter 2024 financial results and declared fourth quarter distribution of $0.34 per share.
Key Takeaways
OFS Capital Corporation reported a net investment income increase to $0.27 per common share for the quarter ended September 30, 2024, from $0.26 per common share for the quarter ended June 30, 2024. However, the company experienced a net loss on investments of $0.15 per common share. Net asset value per common share decreased to $11.29 as of September 30, 2024, from $11.51 as of June 30, 2024.
Net investment income increased to $0.27 per common share for the quarter ended September 30, 2024 from $0.26 per common share for the quarter ended June 30, 2024.
Net loss on investments was $0.15 per common share for the quarter ended September 30, 2024.
Net asset value per common share decreased to $11.29 as of September 30, 2024 from $11.51 as of June 30, 2024.
The investment portfolio’s weighted-average performing income yield increased to 13.6% from 13.4% during the prior quarter.
Forward Guidance
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including statements relating to: OFS Capital’s results of operations, including net investment income, net asset value and net investment gains and losses and the factors that may affect such results; and other factors may constitute forward-looking statements for purposes of the safe harbor protection under applicable securities laws.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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