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

Investcorp Credit Management BDC (NASDAQ:ICMB) released its earnings results on Tuesday. The company reported $0.14 earnings per share (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 analyst estimates of $5.83 million. Investcorp Credit Management BDC had a positive return on equity of 9.90% and a negative net margin of 12.39%. During the same quarter in the prior year, the company posted $0.18 earnings per share.

Investcorp Credit Management BDC Trading Down 1.5 %

NASDAQ ICMB opened at $3.24 on Thursday. Investcorp Credit Management BDC has a 12 month low of $2.98 and a 12 month high of $4.50. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.70. The stock has a 50 day moving average of $3.22 and a 200-day moving average of $3.41. 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

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.