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Logan Ridge Finance Corporation - $LRFC STOCK NEWS

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Logan Ridge Finance announced its financial results for the first quarter of 2024, showcasing strong performance with Net Investment Income increasing to $0.35 per share from $0.22 in the previous quarter. Net Asset Value rose to $33.71 per share from $33.34. The Company declared a distribution of $0.33 per share for the second quarter, a 3% increase from the first quarter. Additionally, they continued repurchasing shares under their Share Repurchase Program.

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Logan Ridge Finance (LRFC) will release its financial results for the first quarter of 2024 on May 8, 2024, followed by a conference call on May 9, 2024, at 10:00 am ET. Investors can access the call by phone or webcast.
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Logan Ridge Finance (LRFC) reports strong 2023 results with a net investment income of $1.43 per share, a significant improvement from a net investment loss of $0.43 per share in 2022. Total investment income increased to $20.2 million compared to $14.9 million in 2022. LRFC declared a distribution of $0.32 per share for the first quarter of 2024, marking a 7% increase from the prior quarter. The company's net asset value decreased to $33.34 per share as of December 31, 2023, from $34.78 per share as of September 30, 2023.
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Logan Ridge Finance (LRFC) will announce its financial results for Q4 and full year 2023 on March 26, 2024, with a conference call scheduled for March 28, 2024, at 10:00 am ET. Investors can access the call via phone or webcast, with a replay available until April 4, 2024.
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Logan Ridge Finance Corporation (LRFC) reports strong 2023 results with net investment income of $1.43 per share and total investment income of $20.2 million. The company announces a distribution of $0.32 per share for the first quarter of 2024, marking a 7% increase compared to the prior quarter. LRFC also discloses a delay in the investor conference call due to tax-related issues, with no impact expected on net asset value or net income. The company's net asset value decreased to $33.34 per share as of December 31, 2023. LRFC's asset coverage ratio as of the same date was 184%. LRFC's total investment income for the year ended December 31, 2023, was $20.2 million, with net investment income of $3.8 million or $1.43 per share. The company's net asset value as of December 31, 2023, stood at $89.2 million. Additionally, LRFC's Board of Directors approved a new $5.0 million share repurchase program and a first quarter distribution of $0.32 per share payable on April 2, 2024.
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Logan Ridge Finance Corporation (Nasdaq: LRFC) will release its financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 13, 2024, after market close. A conference call to discuss these results will be held on Thursday, March 14, 2024, at 10:00 a.m. ET. The call can be accessed by phone or webcast, and a replay will be available through March 21st.
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LRFC Reports Strong Q3 with 13% Increase in Net Investment Income to $0.43 Per Share and Announces 15% Increase in Q4 Distribution to $0.30 Per Share. Total distributions declared in 2023 were $0.96 per share. The company's NAV decreased to $34.78 per share as of September 30, 2023, from $35.68 per share as of June 30, 2023. The investment portfolio consisted of investments in 58 portfolio companies with a fair value of approximately $187.1 million as of September 30, 2023.
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Logan Ridge Finance Corporation to release Q3 financial results and host conference call
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Logan Ridge Finance Corporation (LRFC) will release its financial results for Q2 2023 on August 9, 2023, after market close. A conference call to discuss the results will be held on August 10, 2023, at 10:00 a.m. ET.
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Logan Ridge Finance Corporation

Nasdaq:LRFC

LRFC Rankings

LRFC Stock Data

60.21M
2.68M
8.56%
25.26%
0.14%
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Finance and Insurance
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