Garrison Capital (GARS) Misses Q2 EPS by 2c

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Garrison Capital Inc. Declares Third Quarter 2016 Distribution of $0.35 Per Share and Announces Second Quarter 2016 Financial Results and Earnings Call

August 9, 2016 4:30 PM EDT

NEW YORK, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Garrison Capital Inc., a business development company (NASDAQ: GARS), today announced its financial results for the second fiscal quarter ended June 30, 2016.

References to we, us, our, the Company and Garrison Capital refer to Garrison Capital Inc. and its consolidated subsidiaries.

Second Quarter 2016 Highlights

Net investment income for the quarter ended June 30, 2016 was $5.8 million, or $0.36 per share;Net realized loss on investments for the quarter ended June 30, 2016 was $(18.3) million, or $(1.13) per share;Net change in... More