SAR - Saratoga Investment Non-GAAP NII of $1.08 beats by $0.05 TII of $35.51M beats by $0.31M

2023-10-10 00:49:10 ET

• Saratoga Investment press release ( NYSE: SAR ): Q2 Non-GAAP EPS of $1.08 beats by $0.05 .
• Total Investment Income of $35.51M (+62.5% Y/Y) beats by $0.31M .
• For the three months ended August 31, 2023, adjusted net investment income of $13.2 million increased by $6.2 million, or 89.0%.
• As of August 31, 2023, Saratoga Investment’s AUM was $1.099 billion, an increase of 15.1% from $954.7 million as of August 31, 2022, and an increase of 1.4% from $1.084 billion as of May 31, 2023.

• Return on equity for the last twelve months ended August 31, 2023 was 9.6%, up from 7.2% last quarter and 4.8% for the comparable period last year.

• Net Asset Value was $362.1 million as of August 31, 2023, an increase of $24.9 million from $337.2 million as of August 31, 2022.

• NAV per share was $28.44 as of August 31, 2023, compared to $28.27 as of August 31, 2022, and $28.48 as of May 31, 2023.

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