Golub Capital BDC, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 07, 2024 at 01:59 am IST
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Golub Capital BDC, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported revenue was USD 164.23 million compared to USD 146.95 million a year ago. Net income was USD 93.56 million compared to USD 58.5 million a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 0.34 a year ago.
For the six months, revenue was USD 329 million compared to USD 283.83 million a year ago. Net income was USD 169.33 million compared to USD 84.08 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.49 a year ago.
Golub Capital BDC, Inc. is an externally managed, closed-end, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one-stop loans of United States middle-market companies. It makes investments primarily in a loan that combines characteristics of traditional first- lien senior secured loans and second lien or subordinated loans and that are often referred to by other middle market lenders as unitranche loans and other senior secured loans of United States middle-market companies. The Company also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrower's equity securities and ranks junior to all of such borrower's other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, middle-market companies. The Company's investment adviser is GC Advisors LLC.
GOLUB CAPITAL BDC, INC. 
