EVANSTON, Ill. (AP) — EVANSTON, Ill. (AP) — Fidus Investment Corp. (FDUS) on Thursday reported fourth-quarter profit of $26.4 million.
The Evanston, Illinois-based company said it had profit of 91 cents per share. Earnings, adjusted for investment gains, came to 65 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.
The closed-end investment company posted revenue of $36.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $32.8 million.
For the year, the company reported profit of $77.1 million, or $2.93 per share. Revenue was reported as $130.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDUS at https://www.zacks.com/ap/FDUS