Gladstone Investment Reports Q2 2027 Results with Increased Net Asset Value and Portfolio Growth
Gladstone Investment reported its second-quarter 2027 financial results, highlighted by an increase in Net Asset Value (NAV) to $16.43 per share, up from $16.24 in the previous quarter. While Net Investment Income (NII) fell to $0.12 per share due to higher accruals for capital gains-based incentive fees, Adjusted NII stood at $0.18 per share when excluding those non-GAAP items. The company saw significant portfolio expansion, with total investment fair value rising 11.6% to $1.43 billion across 31 companies. This growth was driven by $156.5 million in new capital deployment, including acquisitions such as McFarlane Toys and Extrude Hone. Despite a sequential decrease in total investment income due to lower non-recurring success fees, interest income rose to $22.3 million, reflecting a growing interest-bearing debt portfolio.
Tickers: $AAPL $AMZN $GAIN $GOOG $META $MSFT $NVDA $TSLA
Topics: Capital Deployment Net Asset Value Net Investment Income Portfolio Growth