Eagle Point Credit (ECC) Tops Q2 EPS by 3c

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Go back to Eagle Point Credit (ECC) Tops Q2 EPS by 3c

Eagle Point Credit Company Inc. Announces Second Quarter 2022 Financial Results and Special Distribution

August 16, 2022 8:00 AM EDT

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter ended June 30, 2022, net asset value (NAV) as of June 30, 2022 and certain additional activity through July 31, 2022.

SECOND QUARTER 2022 HIGHLIGHTS

Net investment income (NII) and realized capital gains of $0.43 per weighted average common share.1, 2 NAV per common share of $10.08 as of June 30, 2022, compared to $12.64 as of March 31, 2022. GAAP net loss (inclusive of unrealized mark-to-market losses) of $100.9 million, or $2.35 per weighted average common share. Weighted average effective... More