Prospect Capital (PSEC) Tops Q1 EPS by 1c

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Go back to Prospect Capital (PSEC) Tops Q1 EPS by 1c

Prospect Capital Reports $0.26 of Net Investment Income per Share in September 2015 Quarter

November 4, 2015 4:25 PM EST

NEW YORK, NY -- (Marketwired) -- 11/04/15 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect" or "we") today announced financial results for our first fiscal quarter ended September 30, 2015.

For the September 2015 quarter, our net investment income ("NII") was $91.2 million or $0.26 per weighted average share. For the June 2015 quarter, our NII was $89.5 million or $0.25 per weighted average share. NII increased by $1.7 million on a dollars basis and increased by $0.01 on a per share basis, driven primarily by an increase in dividend income and a decrease in operating expenses. Our recurring income as measured by the percentage... More