Fidus Investment reports Q2 adjusted EPS 57c, consensus 52c

Reports Q2 NAV per share $19.57. “At the mid-point of the year, Fidus’ portfolio continues to perform well and remains healthy with sound credit quality. Adjusted net investment income grew to $20.0 million on higher levels of interest income, coupled with healthy fee and dividend income. We continued to find opportunities to put capital to work even in a soft M&A environment while adhering to our proven strategy of investing in companies with resilient business models and structuring investments with a high degree of equity cushion,” said Edward Ross, Chairman and CEO of Fidus Investment (FDUS) Corporation. “Looking ahead, we have ample liquidity to continue to build the portfolio and remain committed to maintaining a portfolio that is structured to generate attractive risk-adjusted returns and grow net asset value over time for our shareholders.”