NASDAQ$GAIN

Gladstone Investment Corporation · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended September 30, 2022.

Gladstone Investment Corporation reported a net investment income of $11.4 million, or $0.34 per weighted-average common share, for the quarter ended September 30, 2022, compared to $7.4 million, or $0.22 per weighted-average common share, for the quarter ended June 30, 2022. Net asset value per common share was $13.31 as of September 30, 2022, compared to $13.44 as of June 30, 2022.

  • Invested $39.1 million in Dema/Mai Holdings, Inc.
  • Recapitalized investment in Horizon Facilities Services, Inc. with an additional $30.0 million investment.
  • Outstanding $13.3 million of secured second lien debt was reduced to $12.2 million and converted to secured first lien debt in conjunction with a refinancing at Ginsey Home Solutions, Inc.
  • Paid $0.075 per common share to common stockholders in each of July, August, and September 2022.

Headline financials

Total Revenue

-$3.86M

No prior period
EPS (adj)

$0.29

No prior period
Free Cash Flow

$3.08M

No prior period
Net Income

$3.08M

No prior period
Operating Income

-$10.6M

No prior period
Gross Profit

-$3.86M

No prior period
Cash & Equivalents

$2.56M

No prior period
Total Assets

$749M

No prior period

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

-$3.86M

Q2 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-1.1%

Avg return

30 days after

35%

6 / 17 earnings

Positive

+6.7%

Q2 2024

Best reaction

-8.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-7.1%-3.7%-9.3%
Q3 2026+2.2%+1.5%-1.7%
Q2 2026-0.2%+1.2%+1.1%
Q3 2025+4.0%+4.7%-0.9%
Q2 2025-1.6%-0.6%+0.9%
Q1 2025-8.5%-6.0%-6.5%
Q4 2024-1.6%-0.3%-0.3%
Q3 2024-3.9%-1.1%-0.9%
Q2 2024+6.7%+9.9%+8.0%
Q1 2024-2.5%-1.5%-4.1%
Q4 2023-3.3%-2.2%-3.3%
Q3 2023+6.2%+2.5%+0.8%
Q2 2023+5.9%+8.1%+9.5%
Q1 2023+2.4%+2.1%-4.7%
Q4 2022-4.7%-0.6%-4.9%
Q3 2022-1.1%-1.2%-8.4%
Q4 2021-5.2%-2.0%+6.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro