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Chicago Atlantic BDC Misses Q3 Earnings Estimates and Expands Portfolio

Earnings Whispers +2 · ·by G4L

LIEN
LIEN Chicago Atlantic BDC Inc
$9.08 +0.33%
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  1. 1Chicago Atlantic BDC recorded a 10.0% NII shortfall rate in Q3.
  2. 2Chicago Atlantic BDC reported revenue of $15.45 million in Q3.
  3. 3Management warned that deal closures could slow down in Q4.

So what's the key point?

Chicago Atlantic BDC earned $15.45 million in revenue during Q3, but profits were lower than what experts expected. Management noted that the pace of closing deals might slow down in Q4.

Source Earnings Whispers +2 · View original ↗

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