Eagle Point Credit (ECC) Tops Q2 EPS by 1c

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Eagle Point Credit Company Inc. Announces Second Quarter 2018 Financial Results

August 14, 2018 8:00 AM EDT

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCA, ECCB, ECCX, ECCY) today announced financial results for the quarter ended June 30, 2018, net asset value (NAV) as of June 30, 2018 and certain portfolio activity through August 8, 2018.

SECOND QUARTER 2018 HIGHLIGHTS

Net investment income (NII) net of realized capital gains from the Companys portfolio and capital losses from financing activities of $0.34 per weighted average common share1. NAV per common share of $16.51 as of June 30, 2018. Second quarter 2018 GAAP net income (inclusive of unrealized mark-to-market gains) of $9.5 million, or $0.44... More