MidCap Financial reports Q2 EPS 39c, consensus 38c

Reports Q2 NAV per share $14.75. Tanner Powell, CEO, stated, “Throughout the June quarter, we continued to deploy capital into assets sourced by MidCap Financial (MFIC). Despite the competitive environment, we have remained disciplined in our underwriting and new commitments have what we believe to be strong credit attributes. NAV declined due to challenges faced by a handful of companies.”