NASDAQ$GAIN

Gladstone Investment Corporation · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Gladstone Investment reported an increase in total investment income and a decrease in total expenses, resulting in a net investment income of $9.7 million.

Gladstone Investment Corporation reported a net investment income of $9.7 million, or $0.28 per weighted-average common share, for the quarter ended December 31, 2023. Total investment income increased to $23.1 million, while total expenses decreased to $13.3 million. Net asset value per common share decreased to $13.01.

  • Net investment income was $9.7 million, or $0.28 per weighted-average common share.
  • Adjusted net investment income was $9.129 million, or $0.26 per weighted-average common share.
  • Total investment income increased to $23.1 million.
  • Net asset value per common share decreased to $13.01.

Headline financials

Total Revenue

-$6.52M

Previous: -$4.07M-60.0%
EPS

$0.28

Previous: $0.30-6.7%
NAV per Share

$13.01

No prior period
Free Cash Flow

$6.58M

Previous: $15.8M-58.3%
Net Income

$6.58M

Previous: $15.8M-58.3%
Operating Income

-$14.5M

Previous: -$13.3M-9.1%
Gross Profit

-$6.52M

Previous: -$4.07M-60.0%
Cash & Equivalents

$2.82M

Previous: $1.98M+42.5%
Total Assets

$918M

Previous: $772M+18.9%

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

-$6.52M

Q3 2024+60%vs Q3 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Forward guidance

The statements in this press release regarding potential future distributions, earnings and operations of the Company are “forward-looking statements.”

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 2024

Historical avgQ3 2024

-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