Cion Investment reports Q2 EPS 52c, consensus 33c

Reports Q2 NAV per share $14.50. The company said, “Overall, we are pleased with our growth in NAV and continued steady credit performance in our portfolio. Repayments accelerated this quarter, and we expect additional repayments in the third quarter, which should allow us to deploy into our forward pipeline while balancing our overall leverage profile. Additionally, we are excited to announce that our board has authorized a $20M upsize to our share repurchase program at our quarterly board meeting earlier this week.”