Business
Golub Capital BDC, Inc. Announces Preliminary Fiscal Year 2021 First Quarter Financial Results
NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Golub Capital BDC, Inc. (NASDAQ: GBDC) ("we," "us," "our," "GBDC" or the "Company") announced preliminary estimates of
About this update from Golub Capital Bdc, Inc.
[{"type":"text","content":"NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Golub Capital BDC, Inc. (NASDAQ: GBDC) (\"we,\" \"us,\" \"our,\" \"GBDC\" or the \"Company\") announced preliminary estimates of certain financial results for its first fiscal quarter ended December 31, 2020. \nSet forth in the table below are certain preliminary estimates of our financial condition and results of operations for the three months ended December 31, 2020. These estimates are subject to the completion of financial closing procedures and are not a comprehensive statement of the Company's financial results for the three months ended December 31, 2020. Actual results may differ materially from these estimates as a result of the completion of our financial closing procedures, final adjustments and other developments arising between now and the time that financial quarterly results for the three months ended December 31, 2020 are finalized. These preliminary estimates have been prepared by, and are the responsibility of, management. Our independent registered public accounting firm has not audited, reviewed, compiled or performed any procedures with respect to such preliminary estimates, and, accordingly, does not express an opinion or any other form of assurance with respect thereto.\n\"GBDC expects to report strong net income and solid credit results for the quarter ended December 31, 2020,\" said David B. Golub, Chief Executive Officer of GBDC. \"We believe the portfolio's performance since the onset of COVID-19 validates our underwriting focus on resilient businesses backed by strong private equity sponsors.\"\nThe Company began in April 2020 providing supplemental, preliminary estimates of its quarterly financial performance in light of financial market volatility and the evolving economic impact from COVID-19. Given that market volatility and uncertainty have decreased considerably since that time, we currently plan to return to our normal course of reporting for our second fiscal quarter financial results. \nPRELIMINARY ESTIMATES OF CERTAIN FINANCIAL RESULTS\nEstimated Ranges for the three months ended December 31, 2020\nNet Investment Income Per Share\nNet investment income per share\n$\n0.22\n$\n0.23\nAmortization of purchase premium per share1\n0.05\n0.06\nAdjusted net investment income per share1\n0.27\n0.29\nNet Realized/Unrealized Gain (Loss) Per Share\nNet realized/u...