04:47 AM EDT, 10/09/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Saratoga Investment's ( SAR ) shares were up 8% in premarket activity Wednesday after the company overnight reported an increase in net investment income and revenue for fiscal Q2.

Late Tuesday, the company reported a fiscal Q2 adjusted net investment income of $1.33 per diluted share compared with $1.08 a year earlier.

No analyst estimates for net investment income were available on Capital IQ.

Revenue for the quarter that ended Aug. 31 was $43 million, compared with $35.5 million a year earlier.

Analysts polled by Capital IQ expected $37 million.

Price: 25.50, Change: +1.92, Percent Change: +8.14