Investcorp Credit Management BDC (NASDAQ:ICMB) Announces Earnings Results, Misses Estimates By $0.05 EPS

Investcorp Credit Management BDC (NASDAQ:ICMB) released its earnings results on Tuesday. The company reported $0.06 earnings per share 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 during the quarter, compared to the consensus estimate of $5.45 million.

Investcorp Credit Management BDC Price Performance

Shares of ICMB stock traded up $0.01 during trading hours on Thursday, reaching $3.22. The company’s stock had a trading volume of 6,173 shares, compared to its average volume of 33,793. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.39. Investcorp Credit Management BDC has a fifty-two week low of $2.91 and a fifty-two week high of $3.67. The company has a market capitalization of $46.33 million, a price-to-earnings ratio of 9.75 and a beta of 1.72. The firm’s 50 day simple moving average is $3.17 and its 200-day simple moving average is $3.14.

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.