Fidus Investment: Q3 Earnings Snapshot
EVANSTON, Ill. (AP) — EVANSTON, Ill. (AP) — Fidus Investment Corp. (FDUS) on Thursday reported third-quarter profit of $24.3 million.
The Evanston, Illinois-based company said it had profit of 91 cents per share. Earnings, adjusted for investment gains, came to 68 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The closed-end investment company posted revenue of $34.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $31 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDUS at https://www.zacks.com/ap/FDUS