Fidus Investment Corporation Announces Third Quarter 2024 Earnings Release Schedule
EVANSTON, Ill., October 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS), referred to as "Fidus" or the "Company," has made an important announcement regarding its upcoming third quarter 2024 financial results. The Company will disclose these results on Thursday, October 31, 2024, after the financial markets have closed.
Following the release of its financial results, management will conduct a conference call to discuss the operating and financial performance at 9:00 a.m. ET on Friday, November 1, 2024. Interested participants who wish to join the call should dial (844) 808-7136 approximately 10 minutes prior to the start time. For those calling from outside the United States, the number to dial is (412) 317-0534. When prompted, please ask to be joined into the Fidus Investment Corporation call.
To enhance accessibility, a live webcast of the conference call will also be available. Participants can access the webcast at this link. It is recommended to access the website 15 minutes before the call begins to download and install any necessary audio software.
For those unable to attend the live call, a replay will be available. The webcast replay can be accessed two hours after the call in the investor relations section of the Company’s website.
About Fidus Investment Corporation
Fidus Investment Corporation specializes in providing customized debt and equity financing solutions targeted towards lower middle-market companies. These companies are typically defined as U.S.-based businesses with revenues ranging from $10 million to $150 million. Fidus's investment objective is to generate attractive risk-adjusted returns by obtaining current income from debt investments while also seeking capital appreciation through equity-related investments.
The Company aims to collaborate with business owners, management teams, and financial sponsors, offering tailored financing options for various scenarios, including ownership transitions, recapitalizations, strategic acquisitions, and growth initiatives.
Fidus is an externally managed, closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. For tax purposes, Fidus has also opted to be classified as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986. Established in February 2011, Fidus Investment Corporation continues the business legacy of Fidus Mezzanine Capital, L.P., which started operations in May 2007 and holds a license as a Small Business Investment Company (SBIC) from the U.S. Small Business Administration.
Forward-Looking Statements
This press release includes certain forward-looking statements that are based on current expectations and carry inherent uncertainties. These statements may concern the future performance and financial condition of the Company, the prospects for existing and potential portfolio companies, and future distribution timing and amounts. Such projections are influenced by unforeseeable future events and conditions, including factors outside the Company’s control, such as shifts in financial and lending markets, and varying interest rates. Therefore, these statements do not guarantee future performance and actual developments may significantly differ.
Fidus does not intend to update any forward-looking statements, except as mandated by law.
Fidus, Earnings, Conference