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Shares of Prospect Capital (NASDAQ:PSEC) fell in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were flat 0.00% over the past year to $0.19, which beat the estimate of $0.17.
Revenue of $159,456,000 higher by 3.21% year over year, which beat the estimate of $151,130,000.
Outlook
Prospect Capital hasn't issued any earnings guidance for the time being.
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Revenue guidance hasn't been issued by the company for now.
Price Action
Company's 52-week high was at $8.20
52-week low: $3.95
Price action over last quarter: Up 15.18%
Related content: Benzinga's Full Earnings Calendar
Company Description
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.