Golub Capital BDC, Inc. Reports Earnings Results for the Full Year Ended September 30, 2023
November 20, 2023 at 04:07 pm
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Golub Capital BDC, Inc. reported earnings results for the full year ended September 30, 2023. For the full year, the company reported revenue was USD 603.09 million compared to USD 387.8 million a year ago. Net income was USD 258.63 million compared to USD 153.44 million a year ago.
Basic earnings per share from continuing operations was USD 1.52 compared to USD 0.9 a year ago.
Golub Capital BDC, Inc. is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in one stop and other senior secured loans of United States middle-market companies. It also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrowerâs equity securities and ranks junior to all of such borrowerâs other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, United States middle-market companies. It also invests in various sectors, which include software, healthcare providers and services, specialty retail, automobiles, diversified consumer services, insurance, healthcare technology, information technology (IT) services, commercial services and supplies, and others. The Companyâs investment activities are managed by its investment adviser, GC Advisors LLC.