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

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

Following the release of the earnings, Company management will hold a conference call to discuss the operational and financial performance at 9:00 AM ET on Friday, November 1, 2024. Participants wishing to join the call can dial (844) 808-7136 about 10 minutes in advance. Those calling from outside the United States should use (412) 317-0534 and will need to request to be connected to the Fidus Investment Corporation call.

Individuals can also access a live webcast of the conference call at Fidus Investor Relations. It is recommended to visit the website 15 minutes prior to the start of the call to ensure proper audio software is downloaded and installed.

For those unable to attend the live session, a recording of the conference call will be available on the Company’s investor relations website two hours after the call concludes.

About Fidus Investment Corporation

Fidus Investment Corporation specializes in providing tailored debt and equity financing solutions. The Company focuses on serving lower middle-market businesses, which are typically defined as U.S.-based firms with revenues ranging from $10 million to $150 million. The overarching goal of Fidus is to deliver appealing risk-adjusted returns through current income derived from debt investments and capital appreciation from equity-related investments.

Fidus seeks to collaborate with business owners, management teams, and financial sponsors by offering customized financing options. These solutions are geared towards various initiatives, including ownership transitions, recapitalizations, strategic acquisitions, business expansion, and overall growth strategies.

This Company operates as an externally managed, closed-end, non-diversified investment entity. Furthermore, it has elected to be classified as a business development company under the Investment Company Act of 1940, as amended. In compliance with tax regulations, Fidus also qualifies as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. Established in February 2011, Fidus continues and builds upon the operations of Fidus Mezzanine Capital, L.P. which was initiated in May 2007 and is licensed by the U.S. Small Business Administration as a Small Business Investment Company (SBIC).

Forward-Looking Statements

This release may include certain forward-looking statements based on the current expectations of the Company, which are inherently uncertain. These statements include, but are not limited to, the anticipated future performance and financial health of the Company, the prospects for current and potential portfolio companies, their financial stability, and the timing and amount of any future distributions or supplemental dividends.

These statements are subject to numerous variables that could cause actual results to deviate significantly from those projected. Factors may include changes within the lending and financial markets, volatility in interest rates including the discontinuation of LIBOR, and other unforeseen events. The Company makes no commitments to update any forward-looking statements, except as legally mandated.

Contact Information

Company Contact: Shelby E. Sherard, Chief Financial Officer, Fidus Investment Corporation. Phone: (847) 859-3938. Email: [email protected]

Investor Relations Contact: Jody Burfening, LHA Investor Relations. Phone: (212) 838-3777. Email: [email protected]

Earnings, Finance, Investment