Oxford Square Capital Corp. (NASDAQ: OXSQ) reported Q4 EPS of $0.18, in-line with the analyst estimate of $0.18.

• As of December 31, 2018 net asset value (“NAV”) per share was $6.60, compared with the NAV per share of $7.49 at the prior quarter end.
• For the quarter ended December 31, 2018 we recorded GAAP net investment income of approximately $8.5 million, or $0.18 per share, compared to $8.6 million, or $0.18 per share for the quarter ended September 30, 2018. We recorded net realized losses of approximately $2.8 million and a net increase in unrealized depreciation of approximately $39.8 million for the quarter ended December 31, 2018. In total, we had a net decrease in net assets from operations of approximately $34.1 million, or $0.71 per share, for the quarter ended December 31, 2018, compared with a net increase in net assets from operations of $6.5 million, or $0.13 per share, for the quarter ended September 30, 2018.
• Total investment income for the fourth quarter of 2018 amounted to approximately $15.2 million, which was approximately equal to the total investment income earned during the third quarter of 2018.
  • For the quarter ended December 31, 2018 we recorded investment income from our portfolio as follows:
    • $7.0 million from our debt investments,
    • $7.7 million from our collateralized loan obligation (“CLO”) equity investments, and
    • $0.4 million from all other sources.
• Our total expenses for the quarter ended December 31, 2018 were approximately $6.7 million, which was approximately equal to our total expenses for the quarter ended September 30, 2018.
• During the fourth quarter of 2018:
  • We made investments of approximately $39.2 million in corporate loans.
  • We received, or were entitled to receive, proceeds of approximately $38.9 million from repayments and amortization payments on our debt investments, in addition to $6.5 million from sales of CLO equity investments and $4.0 million from sales of CLO debt investments.

For earnings history and earnings-related data on Oxford Square Capital Corp. (OXSQ) click here.