Gladstone Capital reports Q3 EPS 50c, consensus 50c

The company said, “Over the past two quarters we have absorbed much of the anticipated surge in portfolio liquidity events and ended last quarter with a strong balance sheet and funding capacity. The underlying strength of our lower middle market deal focus was evident in the robust subsequent events fundings we reported and we are well on our way to growing the company’s investment portfolio to support shareholder distributions in the coming quarters.”