Pearl Diver Credit returns to GAAP profit of $8.5 million in Q2 FY26; revenue falls to $4.2 million
Reuters2026/08/27 12:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Pearl Diver Credit posted GAAP net income of $8.5 million, or $1.23 a share, swinging from a $22.5 million loss.
- Net asset value per common share rose to $11.15 from $10.48 at March 31; leverage edged down to 32.9%.
- Net investment income slipped to $1.9 million, or $0.28 a share, while unrealized gains were $6.7 million versus prior-quarter losses.
- Recurring cash flows from CLO investments fell to $8.8 million, or $1.27 a share; weighted average effective yield eased to 10.33%.
- Management cited a CLO equity market recovery with spread tightening; July 31 NAV was $10.96, dividends set at $0.13 monthly for Sep-Nov.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pearl Diver Credit Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608270801PR_NEWS_USPR_____NY34614) on August 27, 2026, and is solely responsible for the information contained therein.
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