Fidus Investment Corporation Announces Earnings Release for Third Quarter 2024

EVANSTON, Ill., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS), referred to as "Fidus" or the "Company," has announced that it will be reporting its financial results for the third quarter of 2024 on Thursday, October 31, 2024, after the stock market closes.

Following the release of these results, management will host a conference call to discuss the Company's operating and financial performance. This call is scheduled for 9:00 am Eastern Time on Friday, November 1, 2024. Interested participants are encouraged to join the call by dialing (844) 808-7136 about 10 minutes ahead of the start time. For international callers, the number to dial is (412) 317-0534. When calling, please ask to be connected to the Fidus Investment Corporation conference call.

For those who wish to listen online, a live webcast of the conference call will be available at Fidus Investor Relations. It is advisable to access this webpage at least 15 minutes before the call to ensure that any required audio software is downloaded and installed.

In addition to the live call, a replay of the webcast will be accessible two hours after the conclusion of the call, also available on the Company’s investor relations website.

About Fidus Investment Corporation

Fidus Investment Corporation specializes in offering tailored debt and equity financing solutions to lower middle-market companies. These are generally defined by the Company as U.S.-based businesses with revenues ranging between $10 million and $150 million. The primary goal of Fidus is to deliver attractive, risk-adjusted returns by creating current income from debt and capital appreciation through equity-related investments.

Fidus aims to collaborate with business owners, management teams, and financial sponsors by offering customized financing for ownership transfers, recapitalizations, strategic acquisitions, business expansions, and other growth initiatives.

Fidus operates as an externally managed, closed-end, non-diversified investment entity that qualifies as a business development company under the Investment Company Act of 1940. For tax purposes, the Company has chosen to be treated as a regulated investment company as per Subchapter M of the Internal Revenue Code. Established in February 2011, Fidus succeeded Fidus Mezzanine Capital, L.P., which began operations in May 2007 and is recognized by the U.S. Small Business Administration as a Small Business Investment Company (SBIC).

Forward-Looking Statements

This announcement may contain certain forward-looking statements based on current expectations, which are inherently uncertain. These include projections regarding the Company’s future performance, financial health, and the potential success of its existing and potential portfolio companies. The actual results may differ significantly due to various factors, including changes in financial and lending markets, interest rate fluctuations, and elements outside the Company’s control.

These statements are relevant only at the time they are made and should not be relied upon as guarantees of future performance. Fidus Investment Corporation undertakes no obligation to update any forward-looking statements unless required by law.

Contact Information

Company Contact:

Shelby E. Sherard, Chief Financial Officer

Fidus Investment Corporation

(847) 859-3938

Email: [email protected]

Investor Relations Contact:

LHA Investor Relations

Jody Burfening

(212) 838-3777

Email: [email protected]

Earnings, Investment, Company