NASDAQ$GAIN
Gladstone Investment Corporation · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported earnings for the third fiscal quarter, showing a net increase in net assets resulting from operations.
Gladstone Investment Corporation announced earnings for its third fiscal quarter ended December 31, 2022, with a net investment income of $8.6 million, or $0.26 per weighted-average common share. The net asset value per common share increased to $13.43, and the company saw significant portfolio activity and distributions during the quarter.
- Net investment income was $8.6 million, or $0.26 per weighted-average common share.
- Adjusted net investment income was $10.0 million, or $0.30 per weighted-average common share.
- Net asset value per common share increased to $13.43.
- The company recapitalized its investment in Old World Christmas, Inc. and invested an additional $15.5 million.
Headline financials
Revenue & EPS history
Gladstone Investment · Revenue · Quarterly
-$4.07M
Forward guidance
In January 2023, the Board of Directors declared monthly and supplemental distributions to common stockholders, totaling $0.480 per share for the quarter.
Tailwinds
- January 20, 2023: $0.080 distribution per common share
- February 17, 2023: $0.080 distribution per common share
- March 3, 2023: $0.240 supplemental distribution per common share
- March 17, 2023: $0.080 distribution per common share
- Total for the Quarter: $0.480 distribution per common share
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 Q3 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
| Quarter | Report date | Reaction (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% |
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