Streetbeat News

OXLC

Oxford Lane Capital Corp.

https://www.oxfordlanecapital.com

Industry

Asset Management

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

Open

5.22

Mkt cap

1.8B

Volume

783K

High

5.25

P/E Ratio

6.48

52-wk high

5.78

Low

5.22

Div yield

0.21

52-wk low

4.82

The article discusses the benefits of income investing, highlighting OXLC as an example of a fund providing a 20% yield. It emphasizes the importance of receiving regular income rather than selling shares for income, and the role of managerial skills in achieving this.

Portfolio Pulse from

November 13, 2024 | 1:00 pm

Oxford Lane Capital reported a decrease in quarterly earnings per share from $0.41 to $0.32, a 21.95% drop year-over-year. However, sales increased by 41.26% from $74.40 million to $105.10 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:06 pm

Oxford Lane Capital (NASDAQ:OXLC) reported Q1 2025 earnings per share of $0.41, meeting analyst expectations. However, the company missed sales estimates by 43.74%, reporting $89.8 million in sales against the expected $159.621 million. Despite this, sales increased by 27.38% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:12 pm

Oxford Lane Capital (NASDAQ:OXLC) reported Q1 earnings of $0.41 per share, a 4.65% decrease from $0.43 per share YoY. Sales increased by 27.38% to $89.80 million from $70.50 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:09 pm

Oxford Lane Capital Corp. (NASDAQ:OXLC) has announced a $100 million public offering of 8.75% unsecured notes due 2030. The proceeds will be used to acquire investments and for general working capital. The notes will be listed on NASDAQ under the symbol 'OXLCI'.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:00 am

Oxford Lane Capital Corp. announced preliminary Q4 financial highlights, including core net investment income of $0.32-$0.38 per share, and cash equivalents of approximately $43M. The company also provided details on distributions, shares, and portfolio investments, with full Q4 results expected in May 2024. Core net investment income is adjusted for cash distributions from CLO equity investments, a non-GAAP measure aimed at providing a clearer picture of financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:21 pm

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round,' highlighting potential in Freeport-McMoRan with a new CEO, praising AbbVie's Parkinson's treatment in Canada, commending MercadoLibre's intelligence and financial results, and suggesting Blackstone over Oxford Lane Capital for credit expertise. He noted Freeport-McMoRan's limited upside, AbbVie's strength, MercadoLibre's smart management, and uncertainties around Oxford Lane Capital.

Portfolio Pulse from Avi Kapoor

February 09, 2024 | 1:33 pm

Oxford Lane Capital Corp. reported a Q3 core net investment income of $0.39 per share.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 1:02 pm

Earnings are scheduled for January 26, 2024, for several companies including Autoliv, Gentex, Norfolk Southern, and others. The report includes expected quarterly earnings per share and revenue for each company.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:10 am

Oxford Lane Capital has reported a year-on-year increase in its Q3 2023 net asset value (NAV) from $4.34 to $4.81.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:01 pm

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