Carlyle Secured Lending, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 07, 2024 at 05:19 pm EDT
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Carlyle Secured Lending, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 62.01 million compared to USD 58.38 million a year ago. Net income was USD 29.26 million compared to USD 27.99 million a year ago.
Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.5 a year ago.
Carlyle Secured Lending, Inc. is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. The Companyâs investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The Company is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.
CARLYLE SECURED LENDING, INC. 
