Logan Ridge Finance

Capitala Finance Corp. is a non-diversified closed-end management investment company, which focuses in making debt and selective equity investments in sponsored and non-sponsored lower and traditional middle market companies, primarily in the United States. The company was founded on May 24, 2013 and is headquaretered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Logan Ridge Finance reports increased income, explores merger opportunities

Logan Ridge Finance demonstrated solid performance with increased investment income and a higher distribution declaration.
While facing challenges like unrealized losses and potential mergers, the company's stable equity portfolio and borrowing capacity offer strengths.
Opportunities lie in optimizing the portfolio, exploring strategic mergers, and leveraging available borrowing capacity for growth.

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Logan Ridge (LRFC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Logan Ridge (LRFC) Is a Great Choice for 'Trend' Investors, Here's Why

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Ted Goldthorpe - CEO, President & Director Brandon Satoren - CFO Patrick Schafer - CIO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven L. Martin - Slater Operator Thank you.

Logan Ridge Finance Corporation (LRFC) Q3 2024 Earnings Call Transcript

Reports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits Largest Equity Investment, Nth Degree Investment Group, LLC (“Nth Degree”) Declared a Distribution of $0.36 Per Share for the Fourth Quarter of 2024, Which Represents a 9% Increase Compared to the Third Quarter of 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “LRFC”, the “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total Investment Income was $5.1 million for the quarter ended September 30, 2024, as compared to $5.4 million reported for the quarter ended June 30, 2024.

Logan Ridge Finance Corporation Announces Third Quarter 2024 Financial Results

NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 11:00 a.m.

Logan Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) --  Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) today announced that as of September 10, 2024, it has exited its largest equity investment, Nth Degree Investment Group, LLC (“Nth Degree”), at or above its previously reported fair value as of June 30, 2024.

Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC

Reduces Interest Rate Margin During the Reinvestment Period to 2.80% from 2.90% Extends Reinvestment Period and Maturity Date to August 2027 and August 2029, Respectively Revises Advance Rates and Concentration Limits NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) today announced that it has amended and extended its existing senior secured revolving credit facility (as amended, the “Credit Facility”) with KeyBank National Association. Under the terms of the amendment, the applicable margin during the reinvestment period was reduced from 2.90% per annum to 2.80% per annum, and the applicable margin during the amortization period was reduced from 3.25% per annum to 3.20% per annum.

Logan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit Facility

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q2 2024 Earnings Call Transcript August 9, 2024 11:00 AM ET Company Participants Ted Goldthorpe - CEO, President and Director Patrick Schafer - CIO Brandon Satoren - CFO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven Martin - Slater Capital Management Operator Thank you. Good morning, and welcome to Logan Ridge Finance Corporation's Second Quarter Ended June 30, 2024, Earnings Conference Call.

Logan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call Transcript

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 11:00 a.m.

Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call

Logan Ridge Finance Corp. is a BDC focusing on lower middle-market companies, delivering solid earnings growth and increasing dividend payouts for five consecutive quarters. LRFC's portfolio quality is solid, with a decent first-lien exposure and improving balance sheet, but faces credit quality risks due to smaller size and rising non-accruals. Despite their potential, I currently rate LRFC a hold due to credit quality risks. Additionally, I would wait to see growth in net investment income before buying.

Logan Ridge Finance: A Small-Cap BDC Worth Considering For Income Generation

Logan Ridge Finance Corporation. (NASDAQ:LRFC ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schaefer - Chief Investment Officer Brandon Satoren - Chief Accounting Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Operator Good morning, and welcome to Logan Ridge Finance Corporation's First Quarter ended March 31, 2024 Earnings Conference Call.

Logan Ridge Finance Corporation (LRFC) Q1 2024 Earnings Call Transcript

Reports Strong Results with Net Investment Income of $0.35 Per Share, Compared to $0.22 Per Share in the Previous Quarter; Net Asset Value Increased to $33.71 Per Share from $33.34 Per Share in the Previous Quarter

Logan Ridge Finance Corporation Announces First Quarter 2024 Financial Results

NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 10:00 a.m.

Logan Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript

Reports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Compared to a Net Investment Loss of $0.43 Per Share for Year Ended 2022; Total Investment Income Increased to $20.2 Million as Compared to $14.9 Million for Year Ended 2022

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the fourth quarter and full year ended December 31, 2023, today, Tuesday March 26, 2024, after market close. The Company will host a conference call on Thursday, March 28, 2024, at 10:00 a.m.

Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Preliminarily Reports Strong 2023 Results  with Net Investment Income of $1.43 Per Share, Total Investment Income of $20.2 Million

Logan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial Results

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schafer - Chief Investment Officer Jason Roos - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Operator Thank you for standing-by and welcome to Logan Ridge Finance Corporation's Third Quarter Ended September 30, 2023 Earnings Conference Call. An earnings press release was distributed yesterday after the close of the market.

Logan Ridge Finance Corporation (LRFC) Q3 2023 Earnings Call Transcript

Reports a Strong Third Quarter with Net Investment Income of $0.43 Per Share, an Increase of 13% Compared to the Prior Quarter

Logan Ridge Finance Corporation Announces Third Quarter 2023 Financial Results

NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the third quarter ended September 30, 2023 on Wednesday, November 8, 2023, after market close. The Company will host a conference call on Thursday, November 9, 2023 at 5:00 p.m.

Logan Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

Logan Ridge Finance Corporation. (NASDAQ:LRFC ) Q2 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Ted Goldthorpe - President and Chief Executive Officer Patrick Schafer - Chief Investment Officer Jason Roos - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven Martin - Slater Operator Thank you.

Logan Ridge Finance Corporation (LRFC) Q2 2023 Earnings Call Transcript

Reports a Strong Second Quarter with Net Investment Income of $0.38 Per Share and a 3.0% Increase in Net Asset Value to $35.68 Per Share Compared to the Prior Quarter

Logan Ridge Finance Corporation Announces Second Quarter 2023 Financial Results

NEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) to release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 9, 2023, after market close. The Company will host a conference call on Thursday, August 10, 2023 at 10:00 a.m.

Logan Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call

Logan Ridge (LRFC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Logan Ridge (LRFC) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

The heavy selling pressure might have exhausted for Logan Ridge (LRFC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why Logan Ridge (LRFC) is Poised for a Turnaround After Losing -6.27% in 4 Weeks

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q1 2023 Earnings Conference Call May 11, 2023 10:00 AM ET Company Participants Ted Goldthorpe - President and Chief Executive Officer Patrick Schafer - Chief Investment Officer Jason Roos - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann & Co. Steven Martin - Slater Capital Management LLC Operator Thank you. Good morning, and welcome to Logan Ridge Finance Corporation's First Quarter Ended March 31, 2023 Earnings Conference Call.

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