Rand Capital Corp (RAND) Reports Q2 Loss of $0.10

Rand Capital Corp (NASDAQ: RAND) reported Q2 EPS of ($0.10).

Allen F. (“Pete”) Grum, President and Chief Executive Officer of Rand Capital, commented, “During the quarter we invested $775,000 in debt instruments supporting KnowledgeVision’s progression of its smart media technology. Since we first began investing in them in 2013, the company has increased its registered user base tenfold.”

Mr. Grum added, “We continue to work with the SBA to secure an additional $6 million of debentures. With a full pipeline of investment opportunities, we look forward to completing this transaction and putting the funds to work in support of exciting growth businesses.”

For earnings history and earnings-related data on Rand Capital Corp (RAND) click here.

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