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Earnings in the U S Middle Market Are Booming, Even Compared to Strong, Pre-Covid Q2 2019 Results
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Earnings in the U S Middle Market Are Booming, Even Compared to Strong, Pre-Covid Q2 2019 Results
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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 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