Pearl Diver Credit Company Reports Q3 Net Loss of $4.3 Million

Reuters
2025/11/18
Pearl Diver Credit Company Reports Q3 Net Loss of $4.3 Million

Pearl Diver Credit Company Inc. reported a net asset value per share of $16.9 as of September 30, 2025, down from $18.2 per share as of June 30, 2025. The company recorded a GAAP net loss of $4.3 million, or $0.6 per share, for the third quarter. Net investment income for the quarter was $3.0 million, or $0.4 per share, while total investment income was $5.4 million, or $0.8 per share. Expenses totaled $2.4 million, or $0.4 per share. The company reported a net change in unrealized depreciation on investments of $6.9 million, or $1.0 per share, compared to unrealized appreciation of $0.5 million, or $0.1 per share, in the previous quarter. Recurring cash flows from CLO investments were $8.7 million, or $1.3 per share, up from $8.0 million, or $1.2 per share, in the prior quarter. During the period through November 14, 2025, the company issued 28,366 shares of common stock through its at-the-market offering, generating approximately $0.5 million in net proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pearl Diver Credit Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY26743) on November 18, 2025, and is solely responsible for the information contained therein.

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