OHA Investment (OHAI) Reports Q1 EPS of $0.09

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OHA Investment Corporation Announces First Quarter 2016 Results and Extension of Existing Investment Facility

May 10, 2016 5:29 PM EDT

NEW YORK, May 10, 2016 (GLOBE NEWSWIRE) -- OHA Investment Corporation (NASDAQ: OHAI) (the Company) today announced its financial results for the quarter ended March 31, 2016 and the extension of its existing investment facility (the "Investment Facility"). Management will discuss the Company's results summarized below on a conference call on Thursday, May 12, 2016, at 10:00 a.m. Eastern Time.

Summary results for the quarter ended March 31, 2016:Total investment income:  $5.2 million, or $0.26 per shareNet investment income:  $1.8 million, or $0.09 per shareNet realized and unrealized losses:  $13.5 million, or $0.67 per shareNet asset value:  $97.9 million, or $4.85 per shareNew portfolio investments... More