NASDAQ$SSSS

SuRo Capital Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Announced third quarter 2024 financial results and continued to advance AI strategy with major new investments.

SuRo Capital Corp. reported its financial results for the quarter ended September 30, 2024. The company's net asset value was $6.73 per share as of September 30, 2024. During the quarter, SuRo Capital made a $17.5 million investment in OpenAI and increased its position in CoreWeave through a $5.0 million secondary transaction.

  • Net assets totaled approximately $157.4 million, or $6.73 per share, at September 30, 2024.
  • Made a $17.5 million investment in OpenAI during the quarter.
  • Increased position in CoreWeave through a $5.0 million secondary transaction during the quarter.
  • Liquid assets were approximately $39.5 million as of September 30, 2024.

Headline financials

Total Revenue

-$1.15M

Previous: $1.47M-178.7%
EPS

-$0.23

Previous: -$0.11-109.1%
Capital Expenditures

$0.00

No prior period
Free Cash Flow

-$5.45M

No prior period
Net Income

-$5.45M

Previous: $25.2M-121.6%
Operating Income

-$5.59M

No prior period
Gross Profit

-$1.15M

No prior period
Stock-Based Comp

$577K

Previous: $764K-24.4%

Revenue & EPS history

SuRo Capital · Revenue · Quarterly

-$1.15M

Q3 2024-178.7%vs Q3 2023
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.7%

Avg return

30 days after

52%

31 / 60 earnings

Positive

+14.1%

Q2 2021

Best reaction

-18.8%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%+1.1%+3.1%
Q4 2025+5.8%+7.9%+12.8%
Q3 2025+1.7%+4.1%-3.9%
Q1 2025+2.3%+7.3%+42.1%
Q4 2024+9.9%-0.9%+14.4%
Q3 2024-1.6%-2.5%+17.5%
Q2 2024-1.1%+0.5%+2.1%
Q1 2024+0.5%-0.8%+6.0%
Q4 2023-0.5%+0.0%-8.5%
Q3 2023-3.6%-3.6%+4.6%
Q2 2023-5.3%-5.3%-5.1%
Q1 2023-1.1%-0.3%-3.7%
Q4 2022+0.7%+13.0%+19.5%
Q3 2022-9.7%-0.9%-13.4%
Q2 2022-0.5%+2.3%-7.1%
Q1 2022-0.7%-5.4%-9.8%
Q4 2021-18.8%-24.7%-23.7%
Q3 2021+6.8%+7.9%-16.0%
Q2 2021+14.1%+21.9%+6.1%
Q1 2021+5.5%+2.0%-4.4%
Q4 2020+2.2%+3.4%+16.8%
Q3 2020+14.0%+8.3%+41.7%
Q2 2020+9.5%+1.7%-3.4%
Q1 2020+1.3%-2.4%+4.6%
Q4 2019-15.9%-11.8%+4.8%
Q3 2019+0.4%+0.6%+1.5%
Q2 2019+2.4%-2.8%-1.9%
Q1 2019+3.8%-3.3%-5.7%
Q4 2018+1.2%+4.0%-4.9%
Q3 2018+2.7%-0.6%-9.1%
Q2 2018+2.5%+5.1%+2.2%
Q1 2018-1.5%+0.1%-1.2%
Q4 2017-2.4%-6.5%-17.5%
Q3 2017+2.0%+7.7%+4.4%
Q2 2017+12.8%+13.0%+23.7%
Q1 2017-1.1%+0.0%+0.0%
Q4 2016-13.8%-11.9%-15.3%
Q3 2016+2.0%+9.1%+8.7%
Q2 2016-1.2%-4.0%-16.4%
Q1 2016+0.0%
Q4 2015-3.5%
Q3 2015+3.4%
Q2 2015-1.6%
Q1 2015+0.7%
Q4 2014-2.4%
Q3 2014-1.2%
Q2 2014+3.3%
Q1 2014-0.7%
Q4 2013+0.8%
Q3 2013-1.0%
Q2 2013+4.8%
Q1 2013-3.1%
Q4 2012-6.6%
Q3 2012-7.0%
Q2 2012-1.3%
Q1 2012-6.8%
Q4 2011+1.7%
Q3 2011+4.1%
Q2 2011+0.4%
Q1 2011-4.6%

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