Gladstone Capital ( (GLAD) ) has released its Q3 earnings. Here is a breakdown of the information Gladstone Capital presented to its investors.
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Gladstone Capital Corporation is a publicly-traded business development company that invests in debt and equity securities, focusing on secured first and second lien term loans to lower middle market businesses in the United States.
In its third quarter ending June 30, 2025, Gladstone Capital reported a slight increase in total investment income, reaching $21.7 million, and maintained its net investment income per common share at $0.50. The company also announced several strategic investments in new and existing portfolio companies.
Key financial metrics for the quarter included a net investment income of $11.3 million and a net increase in net assets from operations of $7.4 million. The company invested $58.6 million in two new portfolio companies and $14.4 million in existing ones, while also increasing its credit facility commitment to $320 million.
Looking ahead, Gladstone Capital’s management remains optimistic about the company’s growth prospects, emphasizing the strength of its lower middle market focus and its capacity to support shareholder distributions in future quarters.