Saratoga Investment Corp Q1 EPS Misses, AUM Up to $1.13B
SAR•Saratoga Investment Corp reported Q1 EPS of $0.47 missing estimates of $0.54, with revenue of $30.78 million versus $31.38 million expected and AUM rising to $1.13 billion. NAV per share fell to $23.23 from $24.42, alongside a $0.75 dividend, debt/equity 1.56 and current ratio 5.83.
1. Q1 Earnings and Revenue Results
Saratoga Investment Corp posted Q1 EPS of $0.47, below the $0.54 estimate and down from $0.66 a year ago. Quarterly revenue reached $30.78 million, missing the $31.38 million consensus and declining from $32.32 million in the prior year.
2. AUM Growth and NAV Decline
Assets under management climbed to approximately $1.13 billion, reflecting continued investment activity in small and mid-sized U.S. companies. Net asset value per share decreased to $23.23 from $24.42 last quarter, indicating pressurized underlying asset valuations.
3. Financial Health and Dividend Declaration
The company maintains a debt-to-equity ratio of 1.56 and a current ratio of 5.83, underscoring strong liquidity and manageable leverage. Management declared a quarterly dividend of $0.75 per share, supporting its income-focused investor base.
