Earnings

Fidus Investment Corporation to Release Third Quarter 2024 Earnings and Host a Conference Call

Published October 25, 2024

EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation, listed as FDUS, has announced plans to disclose its financial results for the third quarter of 2024. The report will be made public on Thursday, October 31, 2024, following the closure of the financial markets.

Shortly thereafter, on Friday, November 1, 2024, at 9:00 AM ET, management will conduct a conference call to discuss the financial and operational results. For those interested in joining the call, it is advised to dial (844) 808-7136 about 10 minutes prior to the start. International participants can connect by calling (412) 317-0534. It is advisable to mention that you wish to join the Fidus Investment Corporation call when prompted.

Additionally, a live webcast of the conference call will be accessible on the Company’s investor relations website at investor.fdus.com. Participants are encouraged to visit the website 15 minutes before the call to ensure all necessary audio software is downloaded and installed successfully.

For those unable to attend the live event, a replay of the conference call will be available approximately two hours after its conclusion, also accessible on the investor relations section of the website.

About Fidus Investment Corporation

Fidus Investment Corporation offers tailored debt and equity financing solutions specifically designed for lower middle-market companies. According to the Company’s management, these are U.S.-based firms with annual revenues ranging from $10 million to $150 million. The primary investment goal of Fidus is to achieve attractive risk-adjusted returns, accomplished through current income generated from debt investments and capital appreciation stemming from equity-related investments.

Fidus aims to cooperate closely with business owners, management teams, and financial sponsors by providing personalized financing options for various operations, including ownership transitions, recapitalizations, strategic acquisitions, business growth, and expansion plans.

The Company is an externally managed, closed-end, non-diversified investment entity that has qualified as a business development company under the Investment Company Act of 1940. For tax purposes, Fidus is also classified as a regulated investment company under Subchapter M of the Internal Revenue Code. Originally formed in February 2011, Fidus has continued and expanded the operations originally established by Fidus Mezzanine Capital, L.P., which began its activities in May 2007 and is licensed as a Small Business Investment Company (SBIC) by the U.S. Small Business Administration.

Forward-Looking Statements

This announcement may include forward-looking statements, reflecting current expectations that involve inherent uncertainty. This includes assertions about the Company's future performance and financial condition as well as those of its existing and potential portfolio companies. These anticipated results and objectives may be influenced by numerous unpredictable future events and conditions—both those within and outside of the Company’s control.

Factors such as shifts in financial and lending markets, changing interest rates, and significant market developments may cause actual results to differ considerably from these forecasts. Thus, any projections made in this release are subject to uncertainties that may affect performance outcomes. Such forward-looking statements are valid only as of the date made and are accompanied by cautionary notes pertaining to their reliability. The Company does not pledge to update these statements unless required by law.

Contact Information

Company Contact:Investor Relations Contact:
Shelby E. SherardLHA Investor Relations
Chief Financial OfficerJody Burfening
Fidus Investment Corporation(212) 838-3777
(847) 859-3938[email protected]
[email protected]
Earnings, Conference, Finance