MCG Capital Corp (MCGC) Misses Q2 EPS by 1c; Plans $75M Modified 'Dutch Auction' Tender
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MCG Capital Corporation Reports Third Quarter 2014 Results
October 29, 2014 8:00 AM EDTARLINGTON, Va., Oct. 29, 2014 (GLOBE NEWSWIRE) -- MCG Capital Corporation (Nasdaq: MCGC) ("MCG," "we," "our," "us" or the "Company") announced today its financial results for the quarter ended September 30, 2014.
HIGHLIGHTS
As outlined in further detail in this earnings release and in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, the following highlights occurred during the three months ended September 30, 2014:
Net income was $1.3 million, or $0.03 per share; We made $0.6 million of advances to existing portfolio companies; We monetized $106.1 million of our portfolio; At September 30,... More