Eagle Point Income Company (EIC) Reports Q3 EPS of $0.26

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Go back to Eagle Point Income Company (EIC) Reports Q3 EPS of $0.26

Eagle Point Income Company Inc. Announces Third Quarter 2019 Financial Results

November 19, 2019 8:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Income Company Inc. (the Company) (NYSE: EIC) today announced financial results for the quarter ended September 30, 2019, net asset value (NAV) as of September 30, 2019 and certain portfolio activity through November 12, 2019.

THIRD QUARTER 2019 HIGHLIGHTS

Completed initial public offering of 1,362,114 shares of common stock, including exercise of overallotment, for total net proceeds to the Company of approximately $26.3 million. Commenced trading on the New York Stock Exchange under the ticker symbol EIC. Net investment income (NII) of $0.26 per weighted average common share1 for the third quarter... More