Fidus Investment Corporation Announces Third Quarter 2024 Earnings Release and Conference Call

EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) has revealed that it will unveil its financial results for the third quarter of 2024 on Thursday, October 31, 2024, after the market closes.

On the following day, Friday, November 1, 2024, at 9:00 AM ET, the management team will conduct a conference call to discuss the company's operating and financial performance.

To join this conference call, participants can dial (844) 808-7136 about 10 minutes before the start. Those calling from outside the U.S. should use (412) 317-0534. It’s helpful to mention that you are joining the Fidus Investment Corporation call.

A live audio webcast of the conference call can be accessed at this link. It is recommended to log onto the website at least 15 minutes before the call begins to download any necessary audio software.

Additionally, a replay of the webcast will be made available on the investor relations section of Fidus’s website two hours after the call concludes.

About Fidus Investment Corporation

Fidus Investment Corporation specializes in providing tailored debt and equity financing solutions to lower middle-market companies, generally defined as U.S.-based firms with revenues ranging from $10 million to $150 million.

The company’s primary investment goal is to achieve attractive risk-adjusted returns. This is accomplished by generating current income through debt investments and achieving capital appreciation from equity-related investments. Fidus aims to collaborate with business owners, management teams, and financial sponsors by offering customized financing for various initiatives, including ownership transitions, recapitalizations, strategic acquisitions, and business expansions.

Fidus is an externally managed, closed-end, and non-diversified investment company that has chosen to be recognized as a business development company under the Investment Company Act of 1940. For tax purposes, it also opted for classification as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986. Established in February 2011, Fidus succeeded Fidus Mezzanine Capital, L.P., which began its operations 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 based on current expectations which carry inherent uncertainties. These statements encompass various aspects, such as the future financial performance of the Company, the outlook for current and potential portfolio companies, and the timing and nature of future distributions or dividends.

These forward-looking statements may be influenced by numerous uncertain future events beyond the Company's control, including shifts in financial and lending markets and interest rate fluctuations. Consequently, they cannot guarantee specific future performance. Actual outcomes may differ significantly due to multiple factors, including changes in market conditions and the Company's ongoing filings with the Securities and Exchange Commission. Such statements are only applicable as of the date they are made and are subject to a cautionary statement. The Company has no obligation to update these statements unless mandated by law.

Fidus, Earnings, Conference