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Recap: OFS Capital Q1 Earnings

Shares of OFS Capital (NASDAQ:OFS) were unchanged in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 16.67% year over year to $0.30, which missed the estimate of $0.32.

Benzinga · 05/08/2020 12:24

Shares of OFS Capital (NASDAQ:OFS) were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 16.67% year over year to $0.30, which missed the estimate of $0.32.

Revenue of $12,870,000 up by 4.25% from the same period last year, which missed the estimate of $13,040,000.

Looking Ahead

OFS Capital hasn't issued any earnings guidance for the time being.

OFS Capital hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 08, 2020

Time: 11:05 PM ET

Webcast URL: https://78449.choruscall.com/dataconf/productusers/ofs/mediaframe/37820/indexr.html

Recent Stock Performance

Company's 52-week high was at $12.81

Company's 52-week low was at $3.39

Price action over last quarter: down 23.52%

Company Overview

OFS Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its business objective is to generate current income and capital appreciation by investing primarily in middle-market companies in the United States. The company focuses on investments in senior secured loans, including first lien, second lien, and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants and other equity securities. The investment activities of the organization are managed by OFS Capital Management, LLC.