TCP Capital (TCPC) Misses Q2 EPS by 1c

August 9, 2016 8:41 AM EDT
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TCP Capital (NASDAQ: TCPC) reported Q2 EPS of $0.38, $0.01 worse than the analyst estimate of $0.39.

On August 3, 2016, our board of directors re-approved our stock repurchase plan to acquire up to $50 million in the aggregate of our common stock at prices at certain thresholds below our net asset value per share, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934. Stock repurchases during the three months ended June 30, 2016 were less than $0.1 million.

For earnings history and earnings-related data on TCP Capital (TCPC) click here.

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