Core Viewpoint - Prospect Capital Corporation (PSEC) is a business development company that provides capital to middle-market companies, facing financial challenges but competing effectively in its sector [1] Financial Performance - On February 9, 2026, PSEC reported earnings per share of $0.19, surpassing the estimated $0.10, indicating better-than-expected profitability for the quarter [2][5] - The company reported revenue of $176 million, exceeding the estimated $154.3 million, suggesting strong operational performance [2][5] Shareholder Returns - PSEC declared dividends through April 2026, with distributions based on shares outstanding as of February 6, 2026 [3] - Since its inception, PSEC has distributed $21.93 per share to original common shareholders, totaling approximately $4.7 billion in cumulative distributions, highlighting its commitment to shareholder returns [3][5] Cash Flow Generation - PSEC's enterprise value to operating cash flow ratio is around 6.99, indicating that the company is generating cash flow relative to its enterprise value, which is crucial for sustaining operations and supporting future growth [4]
Prospect Capital Corporation's Financial Performance and Market Position