Rand Capital Corp (RAND) Reports Q3 EPS of $0.20

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Go back to Rand Capital Corp (RAND) Reports Q3 EPS of $0.20

Rand Capital Reports 37% Growth in Total Investment Income for the Third Quarter 2021

November 5, 2021 8:30 AM EDT

Continuing strategic shift to income producing portfolio drives total investment income of $1.0 million in the quarter, up 37% over the prior-year period Net asset value per share (NAV) increased 4% to $23.31 per share from $22.51 per share at June 30, 2021; NAV increased 31% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $3.8 million in a new portfolio company Exits and loan repayments totaled $3.8 million in the quarter 1,148 shares repurchased in the third quarter Subsequent to quarter-end, Rand paid off $11 million of SBA... More