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TICC Capital Corp. (NASDAQ:TICC) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
TICC Capital Corp. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 3.85% to $0.25 in the quarter versus EPS of $0.26 in the year-earlier quarter.
Revenue: Decreased 8.48% to $20.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: TICC Capital Corp. reported adjusted EPS income of $0.25 per share. By that measure, the company missed the mean analyst estimate of $0.27. It missed the average revenue estimate of $20.8 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…
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