Earnings call transcript: Saratoga Investment misses Q2 2026 estimates as shares fall

Saratoga Investment Corp reported fiscal second-quarter results that fell short of Wall Street expectations, with adjusted earnings of $0.46 a share on revenue of $31.1 million, missing forecasts of $0.49 and $31.47 million, respectively. The stock fell 10.69% to $14.12, near the bottom of its 52-week range, as investors weighed softer net investment income, a lower net asset value, and pressure from portfolio markdowns against improving credit quality and stronger financing flexibility.

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