Shares of Monroe Capital MRCC were flat after the company reported Q4 results.
Quarterly Results
Earnings per share decreased 32.43% year over year to $0.25, which beat the estimate of $0.24.
Revenue of $12,552,000 decreased by 30.21% from the same period last year, which missed the estimate of $12,830,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Price Action
Company's 52-week high was at $11.05
52-week low: $3.56
Price action over last quarter: Up 42.37%
Company Overview
Monroe Capital Corp is a specialty finance company focused on providing financing to lower middle market companies with EBITDA between $3-35 million, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. Its investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC.
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