Solar Capital (SLRC) Tops Q2 EPS by 2c

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SLR Investment Corp. Announces Quarter Ended June 30, 2022 Financial Results; Reports Net Investment Income of $0.37 Per Share

August 2, 2022 4:19 PM EDT

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the Company or SLRC), today reported net investment income of $20.3 million, or $0.37 per share, for the second fiscal quarter of 2022 compared to net investment income, pre-merger related expenses, of $14.8 million, or $0.35 per share, in Q1, 2022. The Company completed its acquisition of SLR Senior Investment Corp. (SUNS) on April 1, 2022.

At June 30, 2022, net asset value (NAV) was $18.53 per share compared to $19.56 per share at March 31, 2022. Approximately one-third of the decline in NAV is the result of merger accounting of the purchase price... More