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Crescent BDC reports Q1 EPS 49c,  consensus 44c
The Fly

Crescent BDC reports Q1 EPS 49c, consensus 44c

Reports Q1 revenue $34.6M, consensus $32.14M. For the quarter ended December 31 , investment income totaled $34.6M, an increase from $29M for the quarter ended September 30. The increase was primarily driven by an increase in interest income from investments due to a rise in benchmark rates. Interest income, which includes amortization of upfront fees, increased from $27.2M for the quarter ended September 30 to $32.8M for the quarter ended December 31.

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