Rand Capital Corp (RAND) Reports Q4 EPS of $0.15

Rand Capital Corp (NASDAQ: RAND) reported Q4 EPS of $0.15, versus $0.04 reported last year.

Allen F. (“Pete”) Grum, President and Chief Executive Officer of Rand Capital, commented, “We are diligently working with East Asset Management on the proposed $25 million investment in Rand, announced in late January. This will be an exciting and transformational event for Rand and our shareholders.”

He added, “As previously announced, we were pleased to receive a $6 million funding commitment from the U.S. Small Business Administration in December. Our investing activity increased to a more normal level in the fourth quarter, as we provided capital to five companies in support of their growth plans.”

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

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