Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Gladstone Investment falls as FQ4 NII hit by capital gains-related fees

Published 05/16/2018, 01:24 PM
Updated 05/16/2018, 01:24 PM
© Reuters.  Gladstone Investment falls as FQ4 NII hit by capital gains-related fees
  • Gladstone Investment (GAIN -2.1%) fell after reporting FQ4 adjusted NII of 21 cents per share from 25 cents a year ago, beating by 2 cents.
  • Unadjusted, though, NII for the quarter was 10 cents per share, including 11 cents of capital gains-based incentive fees accrued during the quarter. That compares with NII of 2 cents per share in the year-ago period.
  • These fees were accrued in accordance with U.S. GAAP, the payment of which is not contractually due under the terms of its investment advisory agreement, in the current period,the company said.
  • Previously: Gladstone Investment beats by $0.02, beats on total investment income (May 15)
  • Source: Press Release
  • Now read: 11% Yielding BDC With Oil Hedges Driving Lower Book Value?


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.