Oxford Lane Capital Fiscal Q4 Core Income, Net Asset Value Miss Expectations; Shares Down Pre-Bell

MT Newswires Live
05-19

Oxford Lane Capital (OXLC) reported fiscal Q4 core net investment income Monday of $0.23 per share.

The company did not provide the previous year's numbers.

Two analysts polled by FactSet expected $0.33.

Net asset value for the quarter ended March 31 was $4.32 per share.

A single analyst surveyed by FactSet expected $4.89.

Shares were over 5% lower in recent premarket activity.

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