Pearl Diver Credit Company Inc. reported its financial results for the second quarter ending June 30, 2025. The company achieved a GAAP net income of $3.5 million, translating to $0.52 per share. This marks a continuation of solid performance with net investment income for the quarter recorded at $3.1 million, or $0.46 per share, and investment income at $5.5 million, or $0.81 per share. Expenses for the quarter totaled $2.4 million, or $0.35 per share. The company also reported a net change in unrealized appreciation on investments amounting to $0.5 million, or $0.07 per share, a favorable shift compared to the previous quarter's unrealized depreciation of $9.6 million, or $1.41 per share. Recurring cash flows from CLO investments were $8.0 million, or $1.18 per share. The net asset value per share of common stock was $18.19 as of June 30, 2025, slightly down from $18.33 per share as of March 31, 2025. The company maintained leverage of $40.4 million, representing 24.3% of total assets, compared to 23.2% of total assets in the prior quarter. Pearl Diver Credit Company has declared monthly dividends of $0.22 per share of common stock for August, September, and October 2025, signaling confidence in its ongoing financial strategy and outlook. CEO Indranil Basu highlighted the company's robust performance amid macroeconomic volatility and reaffirmed its commitment to a machine learning and data science-driven approach to CLO equity investing.