Oaktree Strategic Income Corporation Announces Declares Quarterly Distribution, Payable on March 31, 2020 Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2019
The company announced unaudited consolidated earnings results for the first quarter ended December 31, 2019. For the quarter, total interest income was $11,211,885 as compared to $11,203,567 a year ago. Total PIK interest income was $3,563 as compared to $7,745 a year ago. Net investment income was $4,727,580 as compared to $4,863,537 a year ago. Net increase in net assets resulting from operations was $6,134,254 compared to decrease of $13,200,691 a year ago. Basic income per share was $0.21 as compared to loss of $0.45 a year ago.