Skip to main content

Market Overview

Monroe Capital: Q4 Earnings Insights

Share:

Shares of Monroe Capital (NASDAQ:MRCC) were flat after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 32.43% year over year to $0.25, which beat the estimate of $0.24.

Revenue of $12,552,000 decreased by 30.21% from the same period last year, which missed the estimate of $12,830,000.

Guidance

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

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

Price Action

Company's 52-week high was at $11.05

52-week low: $3.56

Price action over last quarter: Up 42.37%

Company Overview

Monroe Capital Corp is a specialty finance company focused on providing financing to lower middle market companies with EBITDA between $3-35 million, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. Its investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC.

 

Related Articles (MRCC)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings