Eagle Point Credit (ECC) Reports Q4 Loss of $0.23

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Go back to Eagle Point Credit (ECC) Reports Q4 Loss of $0.23

Eagle Point Credit Company Inc. Announces Fourth Quarter 2019 and Year-End 2019 Financial Results

February 27, 2020 7:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter and fiscal year ended December 31, 2019, net asset value (NAV) as of December 31, 2019 and certain portfolio activity through February 18, 2020.

FOURTH QUARTER AND FULL YEAR 2019 HIGHLIGHTS

Net investment income (NII) and realized capital losses of $0.23 per weighted average common share1 for the fourth quarter of 2019. NAV per common share of $10.59 as of December 31, 2019. Fourth quarter 2019 GAAP net loss (inclusive of unrealized mark-to-market losses) of $13.1 million, or $0.47 per weighted average common... More