Saratoga Investment Reports Q2 Earnings Miss
Shares of Saratoga Investment (NYSE: SAR) fell nearly 8% in early trading on Wednesday following the company's second-quarter earnings report. The firm reported non-GAAP EPS of $0.46, which was below analysts' expectations by $0.03. In addition to missing the earnings forecast, Saratoga Investment also posted revenue for Q2 at $31.1 million, falling short of market estimates by approximately $0.37 million. The results led to a significant drop in share price as investors reacted negatively.
Coverage
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