Eagle Point Income reports Q2 EPS 39c, consensus 58c

Reports Q2 NAV per share revenue $14.08. “We remain proactive in managing our portfolio, with a focus on generating strong cash flows from investments and net investment income,” said Thomas Majewski, chairman and CEO. “During the quarter, we opportunistically deployed over $40 million into attractive CLO debt and equity investments, taking advantage of the market dislocation earlier in the quarter, buying CLO debt at discounted prices that we hadn’t seen in over a year.”