Apollo Investment Corporation (AINV) Tops Q2 EPS by 5c

Apollo Investment Corporation (NASDAQ: AINV) reported Q2 EPS of $0.28, $0.05 better than the analyst estimate of $0.23.

Mr. James Zelter, Apollo Investment Corporation’s Chief Executive Officer, commented, "For our second fiscal quarter, we are pleased to report strong net investment income and a stable net asset value. A few years ago, we began a portfolio rotation strategy which included moving the portfolio into more proprietary secured debt investments which has better positioned us during these periods of market volatility where underlying fundamentals are often overshadowed by technical market fluctuations.”

For earnings history and earnings-related data on Apollo Investment Corporation (AINV) click here.

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