Shares of Prospect Capital PSEC rose 0.65% in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 21.05% over the past year to $0.15, which missed the estimate of $0.16.
Revenue of $142,880,000 decreased by 11.74% from the same period last year, which missed the estimate of $146,120,000.
Outlook
Prospect Capital hasn't issued any earnings guidance for the time being.
Prospect Capital hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $6.75
52-week low: $3.67
Price action over last quarter: down 2.53%
Company Profile
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.
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