TICC Capital (TICC) Tops Q2 EPS by 18c
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TICC Announces Results of Operations for the Quarter Ended June 30, 2016 and Announces Quarterly Distribution of $0.29 per Share
August 4, 2016 8:30 AM EDTGREENWICH, CT -- (Marketwired) -- 08/04/16 -- TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our") announced today its financial results for the quarter ended June 30, 2016, and announced a distribution of $0.29 per share for the third quarter of 2016.
HIGHLIGHTS
For the quarter ended June 30, 2016, we recorded net investment income of approximately $6.8 million, or approximately $0.13 per share. In the second quarter, we also recorded net unrealized appreciation of $48.8 million and net realized capital losses of $7.3 million. Our collateralized loan obligation ("CLO") positions experienced significant price increases in the quarter, with $37.3... More