Here's What Key Metrics Tell Us About Gladstone Investment (GAIN) Q3 Earnings

Core Insights - Gladstone Investment (GAIN) reported a revenue of $21.37 million for the quarter ended December 2024, which is a decrease of 7.4% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was $0.23, down from $0.26 in the year-ago quarter, and below the consensus estimate of $0.24, resulting in an EPS surprise of -4.17% [1] - The reported revenue fell short of the Zacks Consensus Estimate of $23.08 million, leading to a revenue surprise of -7.41% [1] Financial Performance Metrics - Total interest income for the quarter was $20.53 million, which was below the average estimate of $21.54 million from two analysts [4] - Interest income from affiliate investments was reported at $5.41 million, compared to the average estimate of $6.05 million [4] - Interest income from cash and cash equivalents was $0.07 million, slightly above the average estimate of $0.06 million [4] - Interest income from non-control/non-affiliate investments was $15.04 million, which was also below the average estimate of $15.40 million [4] Stock Performance - Over the past month, shares of Gladstone Investment have returned +4.2%, which is slightly lower than the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3]