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Oxford Lane Capital Corp.

OXLCI•NASDAQ
Financial Services
Asset Management
$25.80
$0.40(1.57%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

The company's financials show resilient growth, with revenue advancing from $133.07M in Q2 2023 to $204.20M in Q2 2024. Gross profit remained healthy with margins at 75% in Q2 2024 compared to 73% in Q2 2023. Operating income hit $83.26M last quarter, sustaining a consistent 41% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $83.26M. Net income rose to $65.59M, while earnings per share reached $0.26. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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