Skip to main content

Market Overview

Recap: Fidus Investment Q4 Earnings

Share:

Shares of Fidus Investment (NASDAQ:FDUS) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 29.41% over the past year to $0.44, which beat the estimate of $0.34.

Revenue of $23,630,000 up by 21.14% from the same period last year, which beat the estimate of $20,370,000.

Outlook

Fidus Investment hasn't issued any earnings guidance for the time being.

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

Recent Stock Performance

52-week high: $15.30

52-week low: $4.45

Price action over last quarter: Up 37.75%

Company Overview

Fidus Investment Corp is a closed end non-diversified management investment company. It provides customised debt and equity financing solutions to lower middle market companies. The firm's strategy is based on the principle that lower middle market companies require financing solutions from value added partners. It always looks for the opportunities to invest in lower middle market companies with proven business models, leading market position, high free cash flow and strong management teams and also mezzanine debt, senior secured debt and equity securities of lower middle market companies. Its portfolio constitutes a majority of the equities.

 

Related Articles (FDUS)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings