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Oaktree Strategic Income: Q2 Earnings Insights

Shares of Oaktree Strategic Income (NASDAQ:OCSI) remained unaffected at $6.10 after the company reported Q2 results. Quarterly Results Earnings per share were down 16.67% year over year to $0.15, which missed the estimate of $0.16.

Benzinga · 05/07/2020 11:13

Shares of Oaktree Strategic Income (NASDAQ:OCSI) remained unaffected at $6.10 after the company reported Q2 results.

Quarterly Results

Earnings per share were down 16.67% year over year to $0.15, which missed the estimate of $0.16.

Revenue of $10,343,000 lower by 17.14% from the same period last year, which missed the estimate of $11,590,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Oaktree Strategic Income hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 07, 2020

Time: 09:00 AM ET

Webcast URL: https://investors.oaktreestrategicincome.com/events/event-details/q2-2020-oaktree-strategic-income-corporation-earnings-conference-call-0

Price Action

52-week high: $8.69

52-week low: $4.28

Price action over last quarter: down 26.95%

Company Description

Oaktree Strategic Income Corp is a specialty finance company. It focuses on providing customized capital solutions to middle-market companies. The company offers a range of first-lien financing solutions to companies across a wide variety of industries.