EIC - Eagle Point Income Company GAAP NII of $0.49; initiates Q3 outlook

2023-08-15 08:29:24 ET

• Eagle Point Income Company press release ( NYSE: EIC ): Q2 GAAP NII of $0.49.
• Net asset value per common share of $13.00 as of June 30, 2023, compared to $13.20 as of March 31, 2023.
• GAAP net income of $3.0 million, or $0.35 per weighted average common share.
• As of July 31, 2023, the Company had $48.6 million of cash and capacity on its revolving credit facility available for investment.
• Q3 outlook: NAV per common share is estimated to be between $13.39 and $13.49 as of July 31, 2023.

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