Investcorp Credit Management BDC (NASDAQ:ICMB) Issues Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Investcorp Credit Management BDC (NASDAQ:ICMB) issued its earnings results on Wednesday. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.04), Yahoo Finance reports. The firm had revenue of $5.12 million during the quarter. Investcorp Credit Management BDC had a net margin of 1.28% and a return on equity of 9.60%.

Investcorp Credit Management BDC Stock Up 0.9 %

Shares of NASDAQ:ICMB opened at $3.19 on Thursday. The firm’s 50 day moving average price is $3.24 and its 200 day moving average price is $3.25. The stock has a market cap of $45.94 million, a price-to-earnings ratio of 158.00 and a beta of 1.67. Investcorp Credit Management BDC has a fifty-two week low of $2.98 and a fifty-two week high of $4.12. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.53.

About Investcorp Credit Management BDC

Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.