OFS Capital (OFS) Tops Q2 EPS by 1c, Miss on Revenues

OFS Capital (NASDAQ: OFS) reported Q2 EPS of $0.31, $0.01 better than the analyst estimate of $0.30. Revenue for the quarter came in at $7.98 million versus the consensus estimate of $8.43 million.

FINANCIAL HIGHLIGHTS

• Net investment income of $4.3 million, or $0.33 per share.
• Adjusted net investment income of $4.0 million, or $0.31 per share (1).
• Closed investments totaled $66.1 million in the second quarter of 2017.
• As of August 4, 2017, we closed approximately $10.8 million of additional new investments during the third quarter of 2017.
• 76% of the fair value of our loan portfolio was floating rate, and the weighted average yield of our loan portfolio was 11.66% as of June 30, 2017 (2).
• 100% of our debt is fixed rate with a weighted average cost of 3.73% as of June 30, 2017; over 95% of our debt matures in 2022 and beyond.
• On August 1, 2017, OFS Capital\'s Board of Directors declared a distribution of $0.34 per share for the third quarter of 2017, payable on September 29, 2017 to stockholders of record as of September 15, 2017.

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

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