Scott Kennedy’s BDC Earnings Series: Gladstone Investment’s Performance For Q1 2024
Summary
This earnings assessment article reviews GAIN’s NAV and adjusted NII performance during calendar Q1 2024 and compares results to expectations. Earnings remain a driver to stock performance.
GAIN’s NAV slightly-modestly exceeded my/our expectations (top end of range; modest increase) while its adjusted NII was a minor underperformance (within range…