MCG Capital (MCGC) Tops Q1 EPS by 5c

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MCG Capital Corporation Reports First Quarter 2015 Results and Agreement and Plan of Merger With PennantPark Floating Rate Capital Ltd.

April 29, 2015 7:04 AM EDT

ARLINGTON, Va., April 29, 2015 (GLOBE NEWSWIRE) -- MCG Capital Corporation (Nasdaq: MCGC) ("MCG," "we," "our," "us" or the "Company") announced today its financial results for the quarter ended March 31, 2015.

HIGHLIGHTS

As outlined in further detail in this earnings release and in our Quarterly Report on Form 10-Q for the three months ended March 31, 2015, the following highlights occurred during the three months ended March 31, 2015:

Net income was $1.3 million, or $0.03 per share, for the first quarter; Realized 8% IRR on the exit of our equity investment in RadioPharmacy Investors, LLC, or... More

MCG Capital Corporation Reports First Quarter 2015 Results and Agreement and Plan of Merger With PennantPark Floating Rate Capital Ltd.

April 29, 2015 7:04 AM EDT

ARLINGTON, Va., April 29, 2015 (GLOBE NEWSWIRE) -- MCG Capital Corporation (Nasdaq: MCGC) ("MCG," "we," "our," "us" or the "Company") announced today its financial results for the quarter ended March 31, 2015.

HIGHLIGHTS

As outlined in further detail in this earnings release and in our Quarterly Report on Form 10-Q for the three months ended March 31, 2015, the following highlights occurred during the three months ended March 31, 2015:

Net income was $1.3 million, or $0.03 per share, for the first quarter; Realized 8% IRR on the exit of our equity investment in RadioPharmacy Investors, LLC, or... More