NASDAQ$GLAD

Gladstone Capital Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Gladstone Capital's financial performance for the second quarter of 2024 was reported, demonstrating an increase in total investment income and net asset value per share.

Gladstone Capital Corporation reported an increase in total investment income driven by higher interest income from investments. Net investment income was $10.8 million, or $0.25 per share. The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.

  • Total investment income increased by 3.3% compared to the prior quarter, driven by a rise in interest income.
  • Net investment income was $10.8 million, or $0.25 per share for the quarter.
  • The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.
  • Secured first lien assets continue to be over 70% of debt investments, at cost, with a weighted average yield of 14.0%.

Headline financials

Total Revenue

-$5.73M

Previous: -$4.91M-16.8%
EPS

$0.25

Previous: $0.52-51.9%
Capital Expenditures

$0.00

No prior period
Free Cash Flow

$23.6M

Previous: $12M+97.2%
Net Income

$23.6M

Previous: $12M+97.2%
Operating Income

-$13.2M

Previous: -$11.3M-17.4%
Gross Profit

-$5.73M

Previous: -$4.91M-16.8%
Cash & Equivalents

$5.28M

Previous: $8.92M-40.8%
Total Assets

$812M

Previous: $679M+19.6%

Revenue & EPS history

Gladstone Capital · Revenue · Quarterly

-$5.73M

Q2 2024+16.8%vs Q2 2023
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.6%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+0.5%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+8.4%

Q2 2022

Best reaction

-15.6%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+4.1%+2.2%
Q1 2026+2.1%-5.6%-9.3%
Q4 2025+5.8%+8.2%+11.0%
Q2 2025-0.2%+2.4%+6.5%
Q1 2025+0.5%+4.0%-4.1%
Q4 2024+0.5%+4.4%+9.7%
Q3 2024-0.5%-0.4%-0.6%
Q2 2024-0.8%+1.4%+4.6%
Q1 2024-6.1%-4.4%-2.9%
Q4 2023+1.8%+0.1%+5.6%
Q3 2023+2.6%+3.4%-6.4%
Q2 2023-1.5%-0.9%-0.9%
Q1 2023+3.8%+1.7%-4.1%
Q4 2022+4.8%+3.2%-2.2%
Q3 2022-2.6%-2.0%-6.8%
Q2 2022+8.4%+5.7%+0.3%
Q1 2022+2.1%+3.6%-2.0%
Q4 2021+4.6%+1.2%-3.7%
Q3 2021-0.2%+2.8%+1.7%
Q2 2021-0.8%-0.5%+5.4%
Q1 2021+3.5%+6.6%+4.4%
Q4 2020+6.7%+8.2%+10.8%
Q3 2020+1.9%+1.1%+5.4%
Q2 2020-12.3%-3.4%+11.8%
Q1 2020-0.1%+1.2%-13.6%
Q4 2019+3.0%+2.4%+2.6%
Q3 2019-1.8%-0.9%+0.0%
Q2 2019-1.5%-0.1%-5.3%
Q1 2019+1.2%-1.4%+1.8%
Q4 2018-1.8%-4.0%-9.8%
Q3 2018+1.3%+1.7%+4.4%
Q2 2018+0.5%+1.4%+4.4%
Q1 2018-7.5%-0.4%-2.3%
Q4 2017+0.2%+0.2%-5.0%
Q3 2017-0.6%-0.3%-7.3%
Q2 2017-0.6%+2.0%-0.2%
Q1 2017-0.9%-4.5%-9.6%
Q4 2016+0.4%+2.6%+16.5%
Q3 2016+1.1%+3.6%+8.1%
Q2 2016-3.1%
Q1 2016-5.8%
Q4 2015+1.0%
Q3 2015+3.0%
Q2 2015-6.5%
Q1 2015+2.8%
Q4 2014+0.3%
Q3 2014-10.2%
Q2 2014-2.4%
Q1 2014-1.6%
Q4 2013+1.4%
Q3 2013-0.5%
Q2 2013-5.2%
Q1 2013-0.4%
Q4 2012-10.7%
Q3 2012-1.5%
Q2 2012-0.1%
Q1 2012+3.7%
Q4 2011-0.5%
Q3 2011-3.3%
Q2 2011-0.4%
Q1 2010+4.6%
Q4 2010-5.1%
Q3 2010-3.2%
Q2 2010-15.6%

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