Triangle Capital (TCAP -0.7%) recovers a chunk of a steeper early decline following its earnings...

|About: Triangle Capital (TCAP)|By:, SA News Editor

Triangle Capital (TCAP -0.7%) recovers a chunk of a steeper early decline following its earnings miss. NII of $0.56/share is up 14.3% Y/Y and NAV of $15.32/share rose $0.02 from Dec. 31. The weighted-average yield on debt investments rose 20 bps from Dec. 31 to 14.8%. If there's a weakness, it would be light investment activity in Q1 - $10.3M of new investments, balanced nearly in full by repayments and other sales. (PR)