Fidus Investment: 2Q Earnings Snapshot
EVANSTON, Ill. (AP) _ Fidus Investment Corp. (FDUS) on Thursday reported second-quarter earnings of $7.6 million.
On a per-share basis, the Evanston, Illinois-based company said it had net income of 31 cents. Earnings, adjusted for investment costs, were 36 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The closed-end investment company posted revenue of $18.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $17.4 million.
Fidus Investment shares have fallen 3 percent since the beginning of the year.