Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2021

Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2021
ACCESSWIRE
MCLEAN, VA / ACCESSWIRE /
August 2, 2021 /Gladstone Investment Corporation (NASDAQ:GAIN) (the 'Company') today announced earnings for its first quarter ended June 30, 2021. Please read the Company's Quarterly Report on Form 10-Q, filed today with the U.S. Securities and Exchange Commission (the 'SEC'), which is available on the SEC's website at
www.sec.gov or the investors section of the Company's website at
(dollars in thousands, except per share data (unaudited)):
Inclusive of $10.3 million, or $0.31 per weighted-average common share, and $3.6 million, or $0.11 per weighted-average common share, of capital gains-based incentive fees accrued during the three months ended June 30, 2021 and March 31, 2021, respectively. These fees were accrued in accordance with United States generally accepted accounting principles ('U.S. GAAP'), where such amounts were not contractually due under the terms of the investment advisory agreement for the respective periods. Also see discussion under

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