Investcorp Credit Management BDC (NASDAQ:ICMB) Announces Quarterly Earnings Results

Investcorp Credit Management BDC (NASDAQ:ICMB) announced its earnings results on Tuesday. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05), Zacks reports. Investcorp Credit Management BDC had a net margin of 18.53% and a return on equity of 9.83%. The business had revenue of $4.78 million for the quarter, compared to analysts’ expectations of $5.45 million.

Investcorp Credit Management BDC Price Performance

Shares of NASDAQ:ICMB remained flat at $3.21 during midday trading on Thursday. The stock had a trading volume of 4,751 shares, compared to its average volume of 33,789. Investcorp Credit Management BDC has a 52-week low of $2.91 and a 52-week high of $3.67. The business has a 50-day simple moving average of $3.17 and a two-hundred day simple moving average of $3.14. The firm has a market cap of $46.24 million, a P/E ratio of 9.73 and a beta of 1.72. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.00 and a current ratio of 1.00.

About Investcorp Credit Management BDC

Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.