Saratoga Investment reports Q4 adjusted EPS 56c, consensus 73c

Reports Q4 NAV per share $25.86. Christian Oberbeck, chairman and CEO of Saratoga Investment (SAR), commented, “Highlights this quarter include net positive originations generated from our pipeline, including one new portfolio company originated in the quarter and two new companies since the quarter-end, an increase in AUM on a fair value basis, lower statutory and absolute leverage from an increase in NAV, and importantly, the core BDC portfolio demonstrating solid performance in a volatile macro environment.”