KCAP Financial, Inc (KCAP) Misses Q2 EPS by 1c
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KCAP Financial, Inc. Announces Second Quarter 2014 Financial Results
August 6, 2014 9:21 AM EDTNEW YORK, Aug. 6, 2014 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq: KCAP) announces its second quarter 2014 financial results.
Financial Highlights
Net investment income for the second quarter ended June 30, 2014 was approximately $8.0 million, or $0.24 per basic share, compared with approximately $6.6 million, or $0.20 per basic share in the quarter ended June 30, 2013. KCAP Financial, Inc. declared a second quarter shareholder distribution of $0.25 per share. At June 30, 2014, the fair value of KCAP's investments totaled approximately $437 million. Net asset value per share of $7.67 as of June 30, 2014, compared with $7.51 at December 31,... More