Golub Capital BDC Inc (GBDC) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.35 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.32. The company posted revenue of $32.10 million in the period, compared to analysts expectations of $33.03 million. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.
Golub Capital BDC Inc closed down -0.22 points or -1.16% at $18.78 with 77,801 shares getting traded on Tusday. Post opening the session at $18.95, the shares hit an intraday low of $18.77 and an intraday high of $19.02 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Aug 2, 2016, John Thomas Baily (director) sold 6,469 shares at $17.09 per share price. According to the SEC, on Sep 1, 2015, Lawrence E Golub (Chairman) purchased 499 shares at $16.65 per share price. On Sep 1, 2015, David Golub (CEO) purchased 250 shares at $16.65 per share price, according to the Form-4 filing with the securities and exchange commission.
Golub Capital BDC Inc. is an externally managed closed-end non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation by investing primarily in senior secured one stop second lien and subordinated loans of and warrants and minority equity securities in United States middle market companies. The Company’s investment activities are managed by the Company’s investment adviser GC Advisors LLC (GC Advisors). As of September 30 2014 its portfolio at fair value was comprised of 19.5% senior secured loans 69.8% one stop loans 4.4% second lien loans 0.3% subordinated loans 3.4% equity and 2.6% of investments in SLF.