Saratoga Investment (SAR) Reports Q1 NII of 33c/Share
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Saratoga Investment Corp. Announces Fiscal First Quarter 2016 Financial Results
July 14, 2015 4:32 PM EDTNEW YORK, July 14, 2015 /PRNewswire/ --Â Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced financial results for its 2016 fiscal first quarter.
Summary Financial Information
Net investment income on a weighted average per share basis of $0.33 for the quarter ended May 31, 2015. Adjusted for the incentive fee accrual related to net unrealized capital gains, the net investment income on a weighted per share basis was $0.53, an increase of $0.13, or 33% from the quarter ended May 31, 2014. Net investment income of $1.8 million for... More