Eagle Point Credit (ECC) Tops Q3 EPS by 6c

Go back to Eagle Point Credit (ECC) Tops Q3 EPS by 6c

Eagle Point Credit Company Inc. Announces Third Quarter 2022 Financial Results

November 15, 2022 8:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter ended September 30, 2022, net asset value (NAV) as of September 30, 2022 and certain additional activity through October 31, 2022.

THIRD QUARTER 2022 HIGHLIGHTS

Net investment income (NII) and realized capital gains of $0.47 per weighted average common share.[1],[2] NAV per common share of $10.23 as of September 30, 2022, compared to $10.08 as of June 30, 2022. GAAP net income (inclusive of unrealized mark-to-market losses) of $9.7 million, or $0.21 per weighted average common share. Weighted average effective... More