MCG Capital Corp (MCGC) Tops Q1 EPS by 20c
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MCG Capital Corporation Reports First Quarter 2014 Results and Distribution of $0.07 Per Share
April 28, 2014 7:30 AM EDTARLINGTON, Va., April 28, 2014 (GLOBE NEWSWIRE) -- MCG Capital Corporation (Nasdaq: MCGC) ("MCG," "we," "our," "us" or the "Company") announced today its financial results for the quarter ended March 31, 2014.
HIGHLIGHTS
As outlined in further detail in this earnings release and in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, the following highlights occurred during the three months ended March 31, 2014:
Net operating income, or NOI, was $4.3 million, or $0.06 per share; Net loss was $18.9 million, or $0.27 per share; We made $6.7 million of advances to existing portfolio companies;... More