InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Announces Earnings Results

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) released its quarterly earnings results on Tuesday. The company reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.04), Fidelity Earnings reports. The company had revenue of $8.12 million during the quarter, compared to analysts’ expectations of $8.86 million. InvestcorpCreditManagementBDCInc . had a positive return on equity of 11.75% and a negative net margin of 13.35%.

NASDAQ ICMB opened at $6.88 on Thursday. The company has a market capitalization of $94.93 million, a price-to-earnings ratio of 4.95 and a beta of 1.29. InvestcorpCreditManagementBDCInc . has a fifty-two week low of $5.58 and a fifty-two week high of $9.35. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.16 and a quick ratio of 0.16.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Thursday, September 26th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 14.53%. The ex-dividend date is Wednesday, September 25th. InvestcorpCreditManagementBDCInc .’s dividend payout ratio is presently 71.94%.

About InvestcorpCreditManagementBDCInc .

CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.

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Earnings History for InvestcorpCreditManagementBDCInc   . (NASDAQ:ICMB)

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