Alcentra Capital (ABDC) Posts Earnings Results, Beats Expectations By $0.05 EPS

Alcentra Capital (NASDAQ:ABDC) posted its earnings results on Monday. The asset manager reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05, MarketWatch Earnings reports. The company had revenue of $6.98 million for the quarter, compared to the consensus estimate of $6.62 million. Alcentra Capital had a positive return on equity of 9.29% and a negative net margin of 29.76%.

Shares of NASDAQ:ABDC traded up $0.06 during mid-day trading on Wednesday, reaching $7.60. The stock had a trading volume of 13,405 shares, compared to its average volume of 39,871. The company has a market capitalization of $102.51 million, a P/E ratio of 5.76 and a beta of 0.57. Alcentra Capital has a 1 year low of $5.58 and a 1 year high of $7.86.

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About Alcentra Capital

Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector.

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Earnings History for Alcentra Capital (NASDAQ:ABDC)

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