Solar Senior Capital (SUNS) Misses Q2 EPS by 1c

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Go back to Solar Senior Capital (SUNS) Misses Q2 EPS by 1c

Solar Senior Capital Ltd. Announces Quarter and Fiscal Year Ended December 31, 2016 Financial Results; Declares Monthly Distribution of $0.1175 per Share for March, 2017

February 22, 2017 4:10 PM EST

NEW YORK, NY -- (Marketwired) -- 02/22/17 -- Solar Senior Capital Ltd. (the "Company" or "SUNS") (NASDAQ: SUNS), today reported net investment income of $5.6 million, or $0.35 per average share, for the quarter ended December 31, 2016. For fiscal year 2016, net investment income was $18.3 million, or $1.42 per average share.

At December 31, 2016, the net asset value (NAV) per share was $16.80, a modest increase from the prior quarter. At year end, the fair value of the Company's Comprehensive Investment Portfolio* was $429.3 million.

The Company also announced that its Board of Directors declared a monthly distribution of $0.1175 per share... More