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Oxford Lane Capital Corp. 5.00% Notes due 2027

OXLCZ•NASDAQ
Financial Services
Asset Management
$24.21
$-0.00(-0.01%)
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The company's financials show resilient growth, with revenue advancing from $127.67M in Q4 2022 to $204.20M in Q2 2024. Gross profit remained healthy with margins at 75% in Q2 2024 compared to 74% in Q4 2022. Operating income hit $83.26M last quarter, sustaining a consistent 41% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $83.26M. Net income dropped to $65.59M, while earnings per share reached $0.26. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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