Welcome to the GBDC s March 31, 2021 Quarterly Earnings Conference Call.
Before we begin, I would like to take a moment to remind our listeners that remarks made during this call may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 statements other than statements of historical facts made during this call, may constitute forward-looking statements, and are not guarantees of future performance or results, and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements, as a result of a number of factors, including those described from time-to-time in GBDC s filings with the SEC. For materials, the company intends to refer to on today s earnings call, please visit the Investor Resources tab on the homepage of the company s website, www.golubcapitalbdc.com and click on the Events/Presentations link. GBDC s earnings release is also available on the company s w
Earnings in the U S Middle Market Grew by 16% in First Two Months of Q1 2021
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Earnings in the U S Middle Market Grew by 16% in First Two Months of Q1 2021
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Earnings in the U.S. Middle Market Grew by 15% in Q4 2020
January 12, 2021 GMT
Golub Capital, www.golubcapital.com . (PRNewsFoto/Golub Capital)
NEW YORK, Jan. 12, 2021 /PRNewswire/ Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 14.9% and revenue growth of 2.9% during the first two months of the fourth quarter of 2020. This compares to year-over-year earnings growth of 14.9% and revenue growth of 1.1% in the third quarter of 2020.
Lawrence E. Golub, CEO of Golub Capital, said, “The pace of earnings growth in the third and fourth quarters was the fastest in the history of the Golub Capital Altman Index. These strong results suggest that forward-thinking companies used the Covid disruption strategically; they adapted to changes in customer behavior, rationalized underperforming business lines and locations, and refocused on