08:37 AM EDT, 07/23/2025 (MT Newswires) -- Oxford Lane Capital ( OXLC ) reported fiscal Q1 core net investment income Wednesday of $0.24 per share.
The company did not provide the numbers for the previous year.
A single analyst polled by FactSet expected $0.26.
Net asset value for the quarter ended June 30 was $4.12 per share.
A single analyst surveyed by FactSet expected $4.42.
Additionally, the company said its board approved a 1-for-5 reverse stock split, expected to occur in the quarter ending Sept. 30, though it noted there is no guarantee of completion.
Shares of the company were down less than 1% in Wednesday's premarket activity.