thomas-bethge Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the fourth week of Jul ...

Pakin Jarerndee I have been covering Oaktree Specialty Lending (NASDAQ:OCSL) since early January this year, with the previous article issued right after the publication of OCSL's Q2 2024 earnings report. Starting from my initial thesis, the total return performance has been negative ~ 14%, while the overall BDC market has continued to advance. In the previous article I explained the key aspects that have pushed down the Stock price (e.g., build-up of non-accruals and spread compression), but, at the sam ...

Shares of Belden (BDC) have been strong performers lately, with the stock up 8.9% over the past month. The stock hit a new 52-week high of $102.47 in the previous session. Belden has gained 30.1% since the start of the year compared to the 5.8% move for the Zacks Industrial Products sector and the -3% return for the Zacks Wire and Cable Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any ...

8vFanI Business development companies, or BDCs, such as Blue Owl Capital Corporation (NYSE:OBDC), have benefited greatly from the Fed's rate rising program in the last ~1.5 years, as the majority of their debt investments have floating rates. OBDC's debt investments were 97% floating rate, as of 3/31/24. Company Profile: In 2023, Owl Rock Capital was renamed Blue Owl Capital Corp. in a rebranding that saw all the Blue Owl Capital (OWL) BDCs switching to the Blue Owl name. OWL has $174B in assets under manag ...

2 ND QUARTER 2024 EARNINGS RESULTS August 2024 Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements Our commentary and responses to your questions may contain forward-looking statements, including our outlook for the third quarter of 2024 and beyond. Forward-looking statements include projections of sales, earnings, general economic conditions, market conditions, working capital, market shares, free cash flow, pricing levels, and effective tax rates. Belden disclaims any obl ...

Belden Inc. (NYSE:BDC) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Aaron Reddington - VP, IR Ashish Chand - President & CEO Jeremy Parks - SVP & CFO Conference Call Participants William Stein - Truist Securities David Williams - Benchmark Robert Jamieson - Vertical Research Partners Mark Delaney - Goldman Sachs Chris Dankert - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to this morning's Belden reports Second Quarter 2024 Results Call. J ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. Commission File No. 001-12561 ____________ ...

Belden (BDC) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.85%. A quarter ago, it was expected that this communications equipment company would post earnings of $1.05 per share when it actually produced earnings of $1.24, delivering a surprise of 18.10%.Over the last four quarter ...

Exhibit 99.1 News Release 1 North Brentwood Boulevard Phone: 314.854.8000 15th Floor Fax: 314.854.8003 St. Louis, Missouri 63105 www.Belden.com Belden Reports Second Quarter 2024 Results St. Louis, Missouri – August 1, 2024 - Belden Inc. (NYSE: BDC) (the "Company"), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal second quarter results for the period ended June 30, 2024. Second Quarter 2024 Highlights • Revenues of $604 million, down 13% y/y and down 13% ...

Pgiam/iStock via Getty Images CDX3Investor.com New offering summaries: New York Mortgage Trust (NYMT) priced an offering of $60 million worth of new exchange traded senior notes due 2019, offering a fixed coupon of 9.125%. The new notes, which may be redeemed by the company at par starting July 1, 2026, received a credit rating of BBB from Egan-Jones Ratings Company. The new notes trade on the Nasdaq under symbol NYMTI where they were changing hands slightly above par value as of this writing. Dime Com ...