MVC Capital (MVC) Misses Q1 EPS by 29c, Revenues Miss

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MVC Capital Announces First Quarter 2019 ResultsĀ 

March 11, 2019 6:50 AM EDT

PURCHASE, N.Y., March 11, 2019 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE: MVC) (the Company), a publicly traded business development company (BDC) that makes private debt and equity investments, announced its financial results for the fiscal first quarter ended January 31, 2019.

Financial Results

For the first quarter of fiscal 2019, the Company earned interest income of $5.4 million and dividend and fee income of $1.1 million, compared to $4.3 million and $0.9 million, respectively, for the same quarter of fiscal 2018.

The Company reported total operating income of $6.4 million for the first quarter of fiscal... More