OFS Capital (OFS) Reports In-Line Q1 EPS

OFS Capital (NASDAQ: OFS) reported Q1 EPS of $0.29, in-line with the analyst estimate of $0.29.

FINANCIAL HIGHLIGHTS

• Net investment income of $3.8 million, or $0.29 per share, which includes $0.5 million, or $0.04 per share of expenses related to a debt transaction the Company elected not to pursue.
• Declared distributions of $1.05 per share in the first half of 2018, including a $0.37 per share special dividend.
• Closed investments of $98.2 million in first quarter of 2018.
• 78% and 76% of the fair value of our loan portfolio was senior and floating rate, respectively, and the weighted average yield of our performing loan portfolio was 12.57% as of March 31, 2018(1).
• 100% of our debt is fixed rate with a weighted average cost of approximately 4.30% as of May 4, 2018; all maturities in 2022 through 2025.
• On May 1, 2018, OFS Capital\'s Board of Directors declared a distribution of $0.34 per share for the second quarter of 2018, payable on June 29, 2018 to stockholders of record as of June 22, 2018.

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

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