Gladstone Capital Corporation Reports Q1 Earnings Miss

MCLEAN, Va., April 26, 2023 - Gladstone Capital Corporation (GLAD) today announced first-quarter fiscal 2023 earnings of $27.1 million, or $1.21 per share.

Adjusted for investment gains, earnings were 50 cents per share, falling short of the Zacks consensus estimate of 53 cents per share.

Revenue for the quarter came in at $22 million, also below the Zacks consensus estimate of $24.4 million.

Analysts surveyed by Zacks Investment Research had expected earnings of 53 cents per share on revenue of $24.4 million.

This article was generated by Automated Insights, using data from Zacks Investment Research. For more information, visit https://www.zacks.com/ap/GLAD.