EVANSTON, Ill. (AP) — EVANSTON, Ill. (AP) — Fidus Investment Corp. (FDUS) on Thursday reported third-quarter net income of $16.5 million.
On a per-share basis, the Evanston, Illinois-based company said it had net income of 49 cents. Earnings, adjusted for one-time gains and costs, were 61 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The closed-end investment company posted revenue of $38.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $36.4 million.
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