Latest news with #GladstoneInvestment
Miami Herald
23-05-2025
- Business
- Miami Herald
Gladstone Investment Corporation Invests In Sun State Nursery & Landscaping
MCLEAN, VA / ACCESS Newswire / May 23, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") is pleased to announce its investment in Sun State Nursery & Landscaping, LLC ("Sun State"), in partnership with Everglades Equity, LLC. Gladstone Investment provided senior secured debt and equity in support of the transaction Sun State, based in Jacksonville, Florida, is a leading commercial landscaping installation and maintenance provider in the Jacksonville area. "We are looking forward to working with Everglades, President Paul Kassab, and the team at Sun State to build on the company's established reputation in the Jacksonville market. We look forward to supporting Sun State through its next phase of growth," said Christopher Lee, Senior Managing Director of Gladstone Investment. "We are thrilled to be adding another quality portfolio company to Gladstone Investment's assets through this acquisition, as we expect it to produce both income for dividends to shareholders and longer-term capital appreciation for capital gains," said David Dullum, President of Gladstone Investment. Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in connection with acquisitions, changes in control, and recapitalizations. Additional information on the transaction can be found at For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit Forward-looking Statements: The statements in this press release regarding the longer-term prospects of Gladstone Investment and Sun State and its management team, and the ability of Gladstone Investment and Sun State to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For further information: Gladstone Investment Corporation, (703) 287-5893 SOURCE: Gladstone Investment Corporation
Associated Press
23-05-2025
- Business
- Associated Press
Gladstone Investment Corporation Invests In Sun State Nursery & Landscaping
MCLEAN, VA / ACCESS Newswire / May 23, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ('Gladstone Investment') is pleased to announce its investment in Sun State Nursery & Landscaping, LLC ('Sun State'), in partnership with Everglades Equity, LLC. Gladstone Investment provided senior secured debt and equity in support of the transaction Sun State, based in Jacksonville, Florida, is a leading commercial landscaping installation and maintenance provider in the Jacksonville area. 'We are looking forward to working with Everglades, President Paul Kassab, and the team at Sun State to build on the company's established reputation in the Jacksonville market. We look forward to supporting Sun State through its next phase of growth,' said Christopher Lee, Senior Managing Director of Gladstone Investment. 'We are thrilled to be adding another quality portfolio company to Gladstone Investment's assets through this acquisition, as we expect it to produce both income for dividends to shareholders and longer-term capital appreciation for capital gains,' said David Dullum, President of Gladstone Investment. Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in connection with acquisitions, changes in control, and recapitalizations. Additional information on the transaction can be found at For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit Forward-looking Statements: The statements in this press release regarding the longer-term prospects of Gladstone Investment and Sun State and its management team, and the ability of Gladstone Investment and Sun State to grow and expand are 'forward-looking statements.' These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For further information: Gladstone Investment Corporation, (703) 287-5893 SOURCE: Gladstone Investment Corporation press release
Yahoo
19-05-2025
- Business
- Yahoo
Gladstone Investment Corporation Acquires Smart Chemical Solutions, LLC
MCLEAN, VA / / May 19, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Smart Chemical Solutions, LLC ("Smart Chemical"), along with Xyresic Capital ("Xyresic"). Gladstone Investment provided equity and senior secured debt to complete the transaction. Smart Chemical, based in Midland, Texas, is a leading provider of production chemicals for onshore oil and gas operators. "Smart Chemical is a valuable partner to major energy companies operating throughout the United States. We are very excited to partner with this talented team as it accelerates its growth strategy, expands its product portfolio and strengthens its ability to serve operators across the energy sector. Further, we are thrilled to expand our relationship with Xyresic," said Christopher Lee, Senior Managing Director of Gladstone Investment. "This investment represents our dedication to our ultimate goal of investing in quality companies that will produce stable income for dividends to Gladstone Investment's shareholders, as well as longer-term capital appreciation resulting in capital gains," said David Dullum, President of Gladstone Investment. Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in connection with acquisitions, changes in control, and recapitalizations. Additional information on the transaction can be found at For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit Forward-looking Statements: The statements in this press release regarding the longer-term prospects of Gladstone Investment and Smart Chemical and its management team, and the ability of Gladstone Investment and Smart Chemical to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For further information: Gladstone Investment Corporation, (703) 287-5893 SOURCE: Gladstone Investment Corporation View the original press release on ACCESS Newswire
Associated Press
19-05-2025
- Business
- Associated Press
Gladstone Investment Corporation Acquires Smart Chemical Solutions, LLC
MCLEAN, VA / ACCESS Newswire / May 19, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) ('Gladstone Investment') is pleased to announce its acquisition of Smart Chemical Solutions, LLC ('Smart Chemical'), along with Xyresic Capital ('Xyresic'). Gladstone Investment provided equity and senior secured debt to complete the transaction. Smart Chemical, based in Midland, Texas, is a leading provider of production chemicals for onshore oil and gas operators. 'Smart Chemical is a valuable partner to major energy companies operating throughout the United States. We are very excited to partner with this talented team as it accelerates its growth strategy, expands its product portfolio and strengthens its ability to serve operators across the energy sector. Further, we are thrilled to expand our relationship with Xyresic,' said Christopher Lee, Senior Managing Director of Gladstone Investment. 'This investment represents our dedication to our ultimate goal of investing in quality companies that will produce stable income for dividends to Gladstone Investment's shareholders, as well as longer-term capital appreciation resulting in capital gains,' said David Dullum, President of Gladstone Investment. Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in connection with acquisitions, changes in control, and recapitalizations. Additional information on the transaction can be found at For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit Forward-looking Statements: The statements in this press release regarding the longer-term prospects of Gladstone Investment and Smart Chemical and its management team, and the ability of Gladstone Investment and Smart Chemical to grow and expand are 'forward-looking statements.' These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For further information: Gladstone Investment Corporation, (703) 287-5893 SOURCE: Gladstone Investment Corporation press release
Yahoo
13-05-2025
- Business
- Yahoo
Gladstone Investment (GAIN) Q4 Earnings and Revenues Top Estimates
Gladstone Investment (GAIN) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this business development company would post earnings of $0.24 per share when it actually produced earnings of $0.23, delivering a surprise of -4.17%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Gladstone Investment , which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $27.55 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 11.19%. This compares to year-ago revenues of $23.65 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Gladstone Investment shares have added about 6% since the beginning of the year versus the S&P 500's decline of -0.6%. While Gladstone Investment has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Gladstone Investment: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.23 on $25.43 million in revenues for the coming quarter and $0.93 on $99.56 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - SBIC & Commercial Industry is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Chicago Atlantic BDC, Inc. (LIEN), is yet to report results for the quarter ended March 2025. The results are expected to be released on May 14. This company is expected to post quarterly earnings of $0.34 per share in its upcoming report, which represents a year-over-year change of +3500%. The consensus EPS estimate for the quarter has been revised 12.5% higher over the last 30 days to the current level. Chicago Atlantic BDC, Inc.'s revenues are expected to be $12.46 million, up 351.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gladstone Investment Corporation (GAIN) : Free Stock Analysis Report Chicago Atlantic BDC, Inc. (LIEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
