Equus Total Return, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 04:53 pm EDT
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Equus Total Return, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue - ar was USD 0 compared to USD 104,000 a year ago. Net income was USD 298,000 compared to net loss of USD 7.174 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.53 a year ago.
EQUUS Total Return, Inc. (the Fund) is a closed-end management investment company. Its investment objective is to maximize the total return to the Company's stockholders in the form of current investment income and long-term capital gains by investing in the debt and equity securities of small and middle market capitalization companies that are generally not publicly traded at the time of its investment. It seeks to invest in companies pursuing growth through acquisition or organically, leveraged buyouts, management buyouts and recapitalizations of existing businesses or special situations. Its income-producing investments consist of debt securities, including bonds, subordinated debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock. It invests in the portfolio company, Equus Energy, LLC, which makes investments in companies in the energy sector, with particular emphasis on income-producing oil and gas properties.
EQUUS TOTAL RETURN, INC. 
