Newtek Business Services (NEWT) Tops Q2 EPS by 1c

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Go back to Newtek Business Services (NEWT) Tops Q2 EPS by 1c

Newtek Business Services Corp. Reports Second Quarter 2015 Financial Results

July 29, 2015 4:06 PM EDT

NEW YORK, July 29, 2015 /PRNewswire/ -- Newtek Business Services Corp. ("The Company"), (NASDAQ: NEWT), an internally managed business development company ("BDC"), announced today its financial results for the quarter ended June 30, 2015.  

Second Quarter 2015 Financial Highlights

Net asset value ("NAV") equaled $169.6 million, or $16.62 per share, at June 30, 2015 compared with NAV of $166.4 million or $16.31 per share, at December 31, 2014. Adjusted net investment income1 was $5.0 million, or $0.49 per share. For the six months ended June 30, 2015 adjusted net investment income1 was $10.3 million or $1.01 per share. Total investment... More