Gladstone Investment

Gladstone Investment reported Q4 and fiscal 2026 EPS of -$0.27 (forecast $0.214) and revenue of $25.19 million (forecast $25.88 million), with both metrics missing expectations. Despite the disappointment, the stock rose 0.12% pre-market and traded near its 52-week high. Portfolio fair value grew 34% year-on-year to $1.3 billion, and NAV per share rose 12.3% in the quarter, with management highlighting the combined equity and debt strategy as an advantage. » Plus sur de.investing.com

Gladstone Investment's base $0.08 monthly distribution is currently covered despite an adjusted EPS miss in Q3 FY26 as loan-book yields compressed from 14.1% to 12.9% and adjusted EPS fell below the quarterly base rate. NAV rose to $14.95 and the firm expanded its credit facility and issued $100M of notes, supporting the payout while spillover taxable income and a 31% payout ratio add cushions. Supplemental distributions remain uncertain since they depend on portfolio exits. Investors should watch the May 12 Q4 FY26 report; two consecutive quarters of under-coverage would pose a genuine risk to the monthly dividend. » Plus sur finance.yahoo.com

Gladstone Investment provided senior secured debt and the majority equity to acquire Rowan Energy alongside partner Xyresic Capital, adding a US oil and gas services provider focused on frac sand filtration, completion equipment deployment and field operations support. The deal increases Gladstone’s exposure to energy services and aligns with its BDC strategy of combining debt for income with equity for long‑term upside. Management cited Rowan’s growth and customer solutions as drivers of future expansion potential. » Plus sur finance.yahoo.com

Gladstone Investment priced a registered direct placement of $60m bonds due November 1, 2028, with a 6.875% coupon; interest payments are semiannual beginning May 1, 2026. The notes may be redeemed before August 1, 2028, with a make‑whole premium and are expected to settle on November 10, 2025. B. Riley Securities is sole bookrunner. Net proceeds are to be used to repay part of the revolving credit facility, to finance new investments and for general corporate purposes; the company has total liabilities of $555.03m and a current ratio of 0.2. Gladstone reported Q2/2025 revenue slightly above forecasts but missed earnings per share significantly ($0.11 vs. expected $0.228). » Plus sur de.investing.com

Vantage Data Centers has obtained $1.6 billion in financing, led by a GIC subsidiary and an ADIA subsidiary, to accelerate expansion in the Asia-Pacific region. Vantage will take over the Yondr Group’s hyperscale campus in Johor (JHB1) with more than 300 MW capacity, raising its APAC capacity to about 1 GW. The closing of the investment and the takeover are scheduled for the fourth quarter of 2025. » Plus sur de.investing.com