Eagle Point Credit (ECC) Misses Q2 EPS by 56c
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Eagle Point Credit Company Inc. Announces Second Quarter 2020 Financial Results
August 17, 2020 8:00 AM EDTGREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter ended June 30, 2020, net asset value (NAV) as of June 30, 2020 and certain additional activity through August 7, 2020.
SECOND QUARTER HIGHLIGHTS
Net investment income (NII) and realized losses of $0.28 per weighted average common share1 for the second quarter of 2020. NAV per common share of $7.45 as of June 30, 2020. Second quarter 2020 GAAP net income (inclusive of unrealized mark-to-market gains) of $51.7 million, or $1.71 per weighted average common share. Weighted average effective yield of the... More