Stellus Capital Investment (SCM) Misses Q1 EPS by 1c

Stellus Capital Investment (NYSE: SCM) reported Q1 EPS of $0.34, $0.01 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $13.8 million versus the consensus estimate of $14.19 million.

"We are pleased to report a strong quarter where core net investment income covered our $0.34 per share dividend and we generated $10.2 million of realized gains. We completed a secondary offering resulting in approximately $38.5 million of net proceeds in the first quarter and an additional $2.8 million in the second quarter, that provides us with additional capacity to grow," said Robert T. Ladd, the Company's Chief Executive Officer.

For earnings history and earnings-related data on Stellus Capital Investment (SCM) click here.

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