Apollo Investment Corp. (AINV) Misses Q1 EPS by 2c

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Apollo Investment Corporation Reports Financial Results for the Quarter Ended JuneĀ 30, 2020

August 6, 2020 4:01 PM EDT

Fiscal First Quarter and Other Recent Highlights:

Net investment income per share for the quarter was $0.43 compared to $0.59 for the quarter ended March 31, 2020 Net asset value per share as of the end of the quarter was $15.29 compared to $15.70 as of March 31, 2020, a 2.6% decrease due to a net loss on non-core and legacy assets (1) partially offset by a net gain on the corporate lending portfolio (2) New investment commitments made during the quarter totaled $17 million (3)... More