Carlyle Secured Lending, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 05:19 pm EST
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Carlyle Secured Lending, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 60.5 million compared to USD 59.14 million a year ago. Net income was USD 29.99 million compared to USD 37.83 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 0.71 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 0.66 a year ago.
For the nine months, revenue was USD 178.94 million compared to USD 151.22 million a year ago. Net income was USD 62.69 million compared to USD 73.18 million a year ago. Basic earnings per share from continuing operations was USD 1.18 compared to USD 1.35 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 1.27 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. 
