Investcorp Credit Management BDC (NASDAQ:ICMB) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Investcorp Credit Management BDC (NASDAQ:ICMBGet Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02, Zacks reports. The business had revenue of $6.62 million for the quarter, compared to analysts’ expectations of $5.83 million. Investcorp Credit Management BDC had a negative net margin of 12.39% and a positive return on equity of 9.90%. During the same quarter in the previous year, the company earned $0.18 EPS.

Investcorp Credit Management BDC Price Performance

Shares of ICMB traded down $0.05 during mid-day trading on Wednesday, hitting $3.24. 97,926 shares of the stock were exchanged, compared to its average volume of 29,931. The firm has a 50-day moving average of $3.22 and a two-hundred day moving average of $3.41. Investcorp Credit Management BDC has a 52-week low of $2.98 and a 52-week high of $4.50. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $46.66 million, a PE ratio of -14.09 and a beta of 1.63.

About Investcorp Credit Management BDC

(Get Free Report)

Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.

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Earnings History for Investcorp Credit Management BDC (NASDAQ:ICMB)

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