Rand Capital Announces Third Quarter 2019 Results

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Go back to Rand Capital Announces Third Quarter 2019 Results

Rand Capital Corp (RAND) Reports Q3 Loss of $0.46

November 7, 2019 8:32 AM EST

Rand Capital Corp (NASDAQ: RAND) reported Q3 EPS of ($0.46), versus ($0.03) reported last year.

Allen F. (Pete) Grum, President and Chief Executive Officer of Rand Capital, commented, We are pleased to have received approval from the SBA, which was the final regulatory approval required to close on our transaction with East Asset Management (East). Having received that approval, we anticipate closing the transaction in November. The closing of this transformational transaction culminates approximately two... More