Market Overview

Recap: Harvest Capital Credit Q3 Earnings

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Shares of Harvest Capital Credit (NASDAQ:HCAP) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 22.22% over the past year to $0.14, which beat the estimate of $0.03.

Revenue of $3,027,000 decreased by 7.77% year over year, which beat the estimate of $2,450,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Harvest Capital Credit hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Nov 06, 2020

Time: 11:00 AM

ET Webcast URL: https://harvestcapitalcredit.com/investors/

Technicals

52-week high: $9.43

Company's 52-week low was at $2.66

Price action over last quarter: down 12.79%

Company Overview

Harvest Capital Credit Corp is an externally managed, closed-end, non-diversified management investment company. It provides customized financing to small and mid-sized businesses located throughout North America. The company's product portfolio includes senior secured debt, unitranche term loans, junior secured term loans, subordinated debt etc. Its objective is to generate both current income and capital appreciation mainly by making direct investments in the form of subordinated debt, senior debt and minority equity investments in privately held U.S. small and mid-sized companies.

 

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Posted-In: Earnings News