Eagle Point: 2Q Earnings Snapshot
GREENWICH, Conn. (AP) _ Eagle Point Credit Co. (ECC) on Monday reported profit of $51.7 million in its second quarter.
The Greenwich, Connecticut-based company said it had net income of $1.71 per share. Earnings, adjusted for investment gains, came to 28 cents per share.
The management investment company posted revenue of $15.4 million in the period.
Eagle Point shares have decreased 46% since the beginning of the year. The stock has decreased 54% in the last 12 months.