Earnings ·
Saratoga Investment reports Q2 EPS loss of $0.41, issues $120.8M in notes
SAJSaratoga Investment Corp.
Saratoga Investment Corp. reported a fiscal second quarter net loss per share of $0.41 and adjusted net investment income of $0.46 per share for the period ended August 31, 2026. The company grew assets under management by 2.1% to $1.15 billion and generated $37.1 million in net originations. It also issued $120.8 million of 8.00% notes due 2031 following the exercise of an over-allotment option, using proceeds to redeem existing debt. The firm repurchased 444,124 shares, contributing $0.09 per share in NAV accretion. Saratoga Investment Corp. is a business development company that provides customized financing solutions to U.S. middle-market businesses.