Carlyle Secured Lending reports stronger-than-expected net investment income and total investment income for the quarter.
Carlyle Secured Lending (CGBD) posted Q2 non-GAAP net investment income of $0.35 per share, exceeding estimates by $0.04. The result reflects resilient portfolio performance despite broader market challenges.
Total investment income reached $62.09M, down 7.7% year-over-year but $2.62M above expectations. Net asset value per share declined 1.8% to $15.61 from $15.89 in the prior quarter, signaling modest pressure on valuations.
The company did not disclose immediate market reactions in the release.