Oxford Square Capital: Q2 Earnings Insights

Shares of Oxford Square Capital OXSQ rose 0.7% after the company reported Q2 results.

Quarterly Results

Earnings per share were down 66.67% over the past year to $0.09, which missed the estimate of $0.11.

Revenue of $8,255,000 decreased by 60.53% year over year, which missed the estimate of $9,400,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 28, 2020

Time: 09:00 AM

ET Webcast URL: http://ir.oxfordsquarecapital.com/news-market-data/event-calendar/default.aspx

Technicals

52-week high: $6.76

52-week low: $2.04

Price action over last quarter: Unchanged 0.00%

Company Profile

Oxford Square Capital Corp is a closed-end, non-diversified management investment company. The company's investment objective is to maximize its portfolio's total return. Its primary focus is to seek current income by investing primarily in corporate debt securities. Its debt investments include bilateral loans and syndicated loans. The group invests in various industries such as structured finance, Telecommunication services, Business services, Healthcare, Diversified Insurance, Logistics, and others.