Capitala Finance (CPTA) Misses Q3 EPS by 2c

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Go back to Capitala Finance (CPTA) Misses Q3 EPS by 2c

Capitala Finance Corp. Reports Third Quarter 2018 Results

November 5, 2018 4:30 PM EST

CHARLOTTE, N.C., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Capitala Finance Corp. (Nasdaq: CPTA) ("Capitala", the Company, we, us, or our) today announced its financial results for the third quarter of 2018. 

Third Quarter Highlights               

Net investment income of $3.9 million, or $0.24 per shareEquity investments, on a fair value basis, decreased by $23.1 million during the quarter, mostly through Western Windows Systems, LLC exit ($9.8 million gain), and the exercise of the Eastport Holdings, LLC call optionThe Company is co-investing with Capitala Specialty Lending Corp., now fully operational and originating first lien debt investment opportunities up to $100... More