Oxford Lane Capital Corp. (OXLC) Reports $120.8M Net Loss Despite Strong CLO Growth
Oxford Lane Capital Corp. shares tumbled 6.38% in pre-market trading after reporting a $120.8 million net loss for the March 2025 quarter. The decline comes despite a notable increase in Core net investment income, which reached $95.8 million ($0.23 per share) driven by collateralized loan obligation (CLO) portfolio growth.
Investor sentiment turned negative as the company’s net asset value dipped to $4.32 per share, signaling potential further downside. Rising operational costs and a $300 million share offering—while strengthening liquidity—appeared to unsettle the market. The stock had closed at $4.88 on May 16 before the earnings revelation.