SLR Investment reports Q2 NII 42c, consensus 42c

At June 30, net asset value was $17.98 per share, compared to $18.04 for the quarter ended March 31. “We are pleased with our second quarter results, with our NII continuing the past several quarter’s steady growth as we rebuild the portfolio post our decision to de-leverage during the pandemic. Our portfolio’s credit quality remains stable despite the continued high levels of interest rates and inflation,” said Michael Gross, Co-CEO of SLR Investment Corp. “We believe this is due to our conservative underwriting approach, unique asset mix combining sponsor finance and specialty finance strategies, and focus on recession resilient industries.”