Fidus Investment Q4 2023 Adj EPS $0.650 Beats $0.570 Estimate, Sales $36.311M Beat $32.920M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidus Investment (NASDAQ:FDUS) reported Q4 2023 adjusted EPS of $0.650, surpassing the $0.570 estimate, with sales of $36.311M also beating the $32.920M estimate. This represents a 32.16% increase in sales compared to the same period last year.
February 29, 2024 | 9:19 pm
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POSITIVE IMPACT
Fidus Investment reported a strong Q4 2023 with adjusted EPS and sales exceeding estimates, showcasing a significant year-over-year sales growth.
Fidus Investment's Q4 2023 performance exceeded analyst expectations in both EPS and sales, indicating strong financial health and operational efficiency. The significant year-over-year sales growth further underscores the company's positive trajectory. This performance is likely to instill confidence in investors, potentially leading to a short-term positive impact on FDUS's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100