Saratoga Investment (SAR) Tops Q4 EPS by 5c

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Saratoga Investment Corp. Announces Fiscal Year End and Fourth Quarter 2016 Financial Results

May 17, 2016 4:48 PM EDT

NEW YORK, May 17, 2016 /PRNewswire/ -- Saratoga Investment Corp. (NYSE: SAR) ("Saratoga Investment" or "the Company"), a business development company, today announced financial results for its 2016 fiscal year end and fourth quarter.

Summary Financial Information

Over the past twelve months, Saratoga Investment increased its Assets under management ("AUM") by 18.1% from $240.5 million as of February 28, 2015 to $284.0 million as of February 29, 2016. This increase reflects the healthy originations of $51.8 million new investments during the quarter ended February 29, 2016, as well as the success achieved from continuing to strengthen our team and... More