Oxford Square Capital Corp. Reports Strong Net Income Growth for Q2 2023
Robust Revenue Generation from Non-Affiliated Investments Drives Oxford Square's Financial Performance
Oxford Square Capital Corp.(OXSQL), a leading investment company, has po sted impressive financial results for the second quarter of 2023. The company's net income showed remarkable growth compared to the same period last year, driven by its successful revenue generation from non-affiliated investments. This strong financial performance reflects the company's strategic investment decisions and solid management.
Net Income Soars, Demonstrating Oxford Square's Financial Resilience
In the three months ended June 30, 2023, Oxford Square Capital Corp. achieved a net income of $11,587,404. This remarkable increase contrasts with a net loss of $43,435,411 reported during the same period in 2022. The company's steadfast efforts to enhance its investment portfolio and make prudent financial decisions have clearly borne fruit, showcasing its ability to navigate market challenges.
