Welcome to our dedicated page for Ofs Capital news (Ticker: OFS), a resource for investors and traders seeking the latest updates and insights on Ofs Capital stock.
OFS Capital Corp (OFS) provides tailored financing solutions to U.S. middle-market companies through secured loans and structured credit investments. This page aggregates official press releases and verified news updates, offering stakeholders a centralized resource for tracking the company’s financial developments and market positioning.
Access timely updates on earnings reports, strategic partnerships, portfolio activity, and regulatory filings. Investors will find detailed coverage of senior secured loan transactions, capital allocation decisions, and risk management initiatives—all critical for evaluating OFS’s performance in the non-diversified investment space.
The curated content spans quarterly results, leadership announcements, and operational milestones. Each update is structured to highlight how OFS activities align with its core strategy of generating income through first lien positions and selective equity participation.
Bookmark this page for streamlined access to OFS Capital’s latest developments. Check back regularly to stay informed about the company’s role in middle-market lending and its evolving approach to structured credit solutions.
OFS Capital (Nasdaq: OFS) reported its Q3 2024 financial results with net investment income increasing to $0.27 per share from $0.26 in Q2 2024. The company experienced a net loss on investments of $0.15 per share, and net asset value decreased to $11.29 from $11.51. The investment portfolio's weighted-average performing income yield improved to 13.6% from 13.4%. The Board declared a Q4 distribution of $0.34 per share. As of September 30, 2024, the portfolio consisted of 91% floating rate loans, with total investments of $394.7 million, comprising debt investments ($231.1M), equity investments ($89.8M), and structured finance securities ($73.8M).
OFS Capital (Nasdaq: OFS) has announced it will release its third quarter 2024 earnings after market close on Thursday, October 31, 2024. A conference call is scheduled for Friday, November 1, 2024, at 10:00 a.m. Eastern Time, hosted by Chairman & CEO Bilal Rashid and CFO Jeffrey Cerny. OFS Capital is a business development company focusing on middle-market companies in the US, investing primarily in privately held companies with EBITDA between $5 million and $50 million. Their investment range is typically $3 million to $20 million, offering solutions through various asset classes including senior secured loans and subordinated loans.
OFS Capital (NASDAQ: OFS) reported its Q2 2024 financial results. Net investment income decreased to $0.26 per share from $0.42 in Q1 2024. The company saw a net gain on investments of $0.51 per share, primarily due to net unrealized appreciation of $0.83 per share, partially offset by net realized losses of $0.32 per share. Net asset value per share increased to $11.51 from $11.08 in Q1 2024. The investment portfolio's weighted-average performing income yield rose to 13.4% from 13.0% in the previous quarter. The Board declared a Q3 distribution of $0.34 per share. As of June 30, 2024, 92% of the loan portfolio consisted of floating rate loans, and approximately 100% were first lien and second lien loans.
OFS Capital (Nasdaq: OFS), a business development company, has announced its plans to release second quarter 2024 earnings results after market close on Thursday, August 1, 2024. A conference call is scheduled for Friday, August 2, 2024, at 10:00 a.m. Eastern Time to discuss the financial results and business updates. The call will be hosted by Bilal Rashid, Chairman & CEO, and Jeffrey Cerny, CFO & Treasurer.
Interested parties can join the call via the company's website or by phone. An archived replay will be available for 90 days on the company's website or through August 12, 2024, by dialing the provided numbers. OFS Capital primarily invests in privately held middle-market companies in the US, targeting investments of $3 million to $20 million in companies with annual EBITDA between $5 million and $50 million.
OFS Capital (NASDAQ: OFS) announced its financial results for Q1 2024, showing an increase in net investment income to $0.42 per share. However, net loss on investments of $1.09 per share resulted in a decrease in NAV per share to $11.08. 91% of the loan portfolio consisted of floating rate loans. The company declared a distribution of $0.34 per share for Q2 2024. Recent events include full repayment of SBA debentures by a subsidiary and surrendering its license. The investment portfolio showed a decrease in performing income yield to 13.0% due to non-recurring interest. Expenses decreased, and a net loss on investments was primarily due to unrealized depreciation.
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