TICC Capital (TICC) Tops Q4 EPS by 10c

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Go back to TICC Capital (TICC) Tops Q4 EPS by 10c

TICC Announces Results of Operations for the Quarter and the Year Ended December 31, 2015 and Announces Quarterly Distribution of $0.29 per Share

March 10, 2016 8:15 AM EST

GREENWICH, CT -- (Marketwired) -- 03/10/16 -- TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our") announced today its financial results for the quarter and year ended December 31, 2015, and announced a distribution of $0.29 per share for the first quarter of 2016.

HIGHLIGHTS

For the year ended December 31, 2015, we recorded approximately $87.5 million of total investment income and $38.6 million of net investment income, compared to $117.3 million of total investment income and $65.5 million of net investment income for the year ended December 31, 2014. Our core net investment income ("Core NII" also previously referred... More

CORRECTING and REPLACING TICC Announces Investment Advisory Fee Waiver Arrangement Intended to Be “Best-in-Class”

March 9, 2016 8:17 PM EST

Base Management Fees Reduced from 2.00% to 1.50%, Among Other Provisions

Names Independent Director, Steve Novak, Chairman of the Board

GREENWICH, Conn.--(BUSINESS WIRE)--

The third and fourth bullet points have been replaced.

The corrected release reads:

TICC ANNOUNCES INVESTMENT ADVISORY FEE WAIVER ARRANGEMENT INTENDED TO BE BEST-IN-CLASS

Base Management Fees Reduced from 2.00% to 1.50%, Among Other Provisions

Names Independent Director, Steve Novak, Chairman of the Board

TICC Capital Corp. (NASDAQ:... More