Ofs Capital Stock Price, News & Analysis

OFS Capital Corporation (NASDAQ: OFS) has announced its first quarter 2023 earnings results will be reported before the stock market opens on May 5, 2023. A conference call will follow at 10:00 a.m. Eastern Time to discuss these results. Bilal Rashid, Chairman & CEO, will lead the call with Jeffrey Cerny, CFO. Investors can access the call through the company's website or by phone at the specified numbers. A replay will be available for 90 days after the call. OFS Capital focuses on providing income and capital appreciation through debt and equity investments in middle-market companies in the U.S.

OFS Capital Corporation (OFS) reported its financial results for Q4 2022, highlighting a 10% increase in quarterly distributions to $0.33 per share. For the quarter, net investment income rose to $0.35 per share, while the net loss on investments was $0.17 per share. The net asset value decreased to $13.47 from $13.58. The company’s investment portfolio, at fair value, stood at $500.6 million with a weighted-average performing income yield of 12.7%. Cash as of December 31, 2022, was $14.9 million. A conference call to discuss results will be held on March 3, 2023.

OFS Capital Corporation (NASDAQ: OFS) will report its fourth quarter and full year 2022 earnings on March 3, 2023, prior to market opening. A conference call will follow at 10:00 a.m. ET, hosted by Chairman & CEO Bilal Rashid and CFO Jeffrey Cerny. Investors can access the call via the company’s website or by phone. Replay will be available until March 13, 2023. OFS Capital, a business development company, focuses on providing current income and capital appreciation primarily through debt investments in middle-market companies in the U.S.

OFS Capital Corporation (NASDAQ: OFS) announced a 4th quarter distribution increase to $0.30 per share, a 3.4% rise from the previous quarter. The company reported net investment income of $4.4 million or $0.33 per share, up from $3.3 million or $0.24 per share in the prior quarter. Despite this, the company faced a net loss on investments of $1.04 per share, mainly due to unrealized losses. The investment portfolio's weighted-average performing income yield improved to 11.6%.

OFS Capital Corporation (NASDAQ: OFS) announced it will report its third quarter 2022 earnings on November 4, 2022, before market opens. A conference call to discuss the results will be held at 10:00 a.m. Eastern Time, hosted by CEO Bilal Rashid and CFO Jeffrey Cerny. Interested listeners can access the call via the company’s website or through dedicated phone lines. The replay will be available until November 14, 2022. OFS Capital focuses on providing income and capital appreciation through investments in middle-market companies.

OFS Capital Corporation (NASDAQ: OFS) announced a distribution of $0.29 per common share for Q3 2022, payable on September 30, 2022. For the quarter ended June 30, 2022, net investment income was $6.2 million ($0.47 per share), while adjusted net investment income was $3.3 million ($0.24 per share). The company reported a net loss on investments of $1.12 per share, with net asset value decreasing to $14.57 from $15.52 in Q1 2022. Approximately 98% of its loan portfolio is senior secured, and 93% consists of floating rate loans.

OFS Capital Corporation (NASDAQ: OFS) will report its second quarter 2022 earnings on August 5, 2022, before market opening. A conference call to discuss the results is scheduled for 10:00 a.m. Eastern Time on the same day, hosted by Bilal Rashid and Jeffrey Cerny.

Interested listeners can register online or join via phone. Replay of the call will be available until August 15, 2022. OFS Capital focuses on providing income and capital appreciation through debt and equity investments in middle-market companies.