NASDAQ$GAIN

Gladstone Investment Corporation · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Gladstone Investment reported earnings for Q4 2023, with net investment income at $9.6 million and adjusted net investment income at $8.6 million.

Gladstone Investment Corporation announced its Q4 and fiscal year results ending March 31, 2023. The company reported a net investment income of $9.6 million, or $0.29 per weighted-average common share. Net asset value per common share decreased to $13.09 from $13.43 in the previous quarter.

  • Net investment income for the quarter was $9.6 million, or $0.29 per weighted-average common share.
  • Adjusted net investment income was $8.6 million, or $0.26 per weighted-average common share.
  • Net asset value per common share decreased to $13.09.
  • The company sold 144,504 shares of common stock under the ATM program, raising approximately $2.0 million in net proceeds.

Headline financials

Total Revenue

$19.9M

Previous: $19.2M+3.2%
EPS (adj)

$0.26

Previous: $0.26+0.0%
Net Income

$4.66M

Previous: $16.7M-72.1%
Operating Income

$4.66M

No prior period
Cash & Equivalents

$2.68M

Previous: $14.2M-81.1%
Total Assets

$754M

Previous: $740M+1.8%

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

$19.9M

Q4 2023+3.2%vs Q4 2022
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Forward guidance

The company will hold its earnings release conference call on Thursday, May 11, 2023, at 8:30 a.m. Eastern Time.

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 Q4 2023

Historical avgQ4 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