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Monroe Capital Tops Analyst Projections on Top, Bottom Lines

Monroe Capital Corp ( MRCC ) late Tuesday reported non-GAAP Q4 net investment of $0.38 per share for the three months ended Dec. 31, up from $0.35 per share during the year-ago period and beating the Capital IQ consensus by $0.01 per share.

Total investment income climbed to $14.8 million from $13.8 million during the October-to-December quarter in 2017 and also exceeding the $14.7 million analyst mean.

The company also declared a $0.35 per share Q1 distribution, payable March 29 to shareholders of record on March 15.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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