Solar Capital (SLRC) Misses Q4 EPS by 3c

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Go back to Solar Capital (SLRC) Misses Q4 EPS by 3c

Solar Capital Ltd. Announces Quarter Ended June 30, 2017 Financial Results; Declares Quarterly Distribution of $0.40 per Share for Q3, 2017

August 1, 2017 4:01 PM EDT

NEW YORK, NY -- (Marketwired) -- 08/01/17 -- Solar Capital Ltd. (NASDAQ: SLRC) (the "Company" or "Solar Capital"), today reported net income of $18.8 million, or $0.44 per share, and net investment income of $16.1 million, or $0.38 per share, for the second quarter.

At June 30, 2017, net asset value (NAV) was $21.79 per share, up $0.04 per share from the prior quarter. At quarter end, the investment portfolio, on a cost basis, remained over 99% performing. At June 30, the fair value of the Company's Comprehensive Investment Portfolio* was $1.38 billion.

The Company's Board of Directors declared a third quarter distribution of $0.40... More