Fifth Street Finance (FSC) Tops Q2 EPS by 2c

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Fifth Street Finance Corp. Announces Quarter Ended JuneĀ 30, 2016 Financial Results

August 9, 2016 6:30 AM EDT

GREENWICH, CT, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NASDAQ: FSC) ("FSC" or "we") today announced its financial results for the third fiscal quarter ended June 30, 2016.

Third Fiscal Quarter 2016 Highlights

Net investment income of $29.1 million, or $0.20 per share; Net asset value per share of $8.15; Closed $276.6 million of new investments; and Repurchased 1.9 million shares of common stock in the open market at an aggregate cost of $10.0 million.

We benefited from an increase in origination volumes in the June quarter, resulting in higher... More