Crescent BDC will announce its Q1 2025 financial results on May 14, followed by a conference call on May 15.
Quiver AI Summary
Crescent Capital BDC, Inc. announced that it will release its financial results for the first quarter ending March 31, 2025, on May 14, 2025, after market close. The company invites interested parties to join a webcast and conference call on May 15, 2025, at 12:00 p.m. Eastern Time to discuss these results. The conference call can be accessed via the company's website or by dialing a designated toll-free number. Crescent BDC focuses on providing capital solutions to middle market companies, aiming to maximize total returns for its stockholders, and is managed by Crescent Cap Advisors, LLC. Crescent Capital Group LP, which manages over $45 billion in assets, is affiliated with Crescent BDC and specializes in below-investment-grade credit investments.
Potential Positives
- Crescent BDC's upcoming release of its first quarter financial results highlights transparency and engagement with investors, showing the company's commitment to keeping stakeholders informed.
- The scheduled conference call allows for direct communication between the company and its investors, fostering a relationship that can enhance investor confidence.
- Crescent BDC's strategy of providing capital solutions to middle market companies with strong growth prospects suggests a focus on sound investment practices, which can attract potential investors looking for stability and growth.
Potential Negatives
- The announcement of the upcoming financial results suggests potential concerns about current performance that may necessitate closer scrutiny from investors.
- The disclaimer regarding forward-looking statements indicates that uncertainties and risks could lead to results that deviate significantly from expectations, possibly affecting investor confidence.
- By releasing earnings later than expected (after market close), it may indicate that the company is facing challenges that warrant a more extended reporting period, raising red flags for stakeholders.
FAQ
When will Crescent BDC release its Q1 2025 financial results?
Crescent BDC will release its financial results for the first quarter on May 14, 2025, after market close.
What time is the Crescent BDC conference call?
The conference call will be held on May 15, 2025, at 12:00 p.m. Eastern Time.
How can I access the Crescent BDC conference call?
The conference call can be accessed via the Investor Relations section on Crescent BDC's website or by dialing (800) 715-9871.
Where can I find the financial results webcast replay?
A replay of the earnings call will be available through a link on the Investor Relations section of Crescent BDC's website.
What services does Crescent BDC provide?
Crescent BDC provides capital solutions to middle market companies to maximize stockholder returns through income and growth.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CCAP Hedge Fund Activity
We have seen 40 institutional investors add shares of $CCAP stock to their portfolio, and 33 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MARINER, LLC removed 144,061 shares (-22.8%) from their portfolio in Q4 2024, for an estimated $2,768,852
- KOVITZ INVESTMENT GROUP PARTNERS, LLC removed 86,326 shares (-32.7%) from their portfolio in Q4 2024, for an estimated $1,659,185
- TWO SIGMA INVESTMENTS, LP removed 58,860 shares (-23.3%) from their portfolio in Q4 2024, for an estimated $1,131,289
- TWO SIGMA ADVISERS, LP removed 56,100 shares (-13.2%) from their portfolio in Q4 2024, for an estimated $1,078,242
- MORGAN STANLEY added 55,936 shares (+88.5%) to their portfolio in Q4 2024, for an estimated $1,075,089
- STIFEL FINANCIAL CORP removed 46,195 shares (-69.5%) from their portfolio in Q4 2024, for an estimated $887,867
- MMBG INVESTMENT ADVISORS CO. removed 35,200 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $676,544
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, 2025 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, May 15, 2025 at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results.
Conference Call Information:
The conference call will be broadcast live at 12:00 p.m. Eastern Time on the Investor Relations section of Crescent BDC’s website at www.crescentbdc.com . Please visit the website to test your connection before the webcast.
Participants are also invited to access the conference call by dialing the following number:
Toll Free: (800) 715-9871
Conference ID: 1217499
All callers will need to reference the Conference ID once connected with the operator.
Replay Information:
A replay of the earnings call will be available via a webcast link located on the Investor Relations section of Crescent BDC's website.
About Crescent BDC
Crescent BDC is a business development company that seeks to maximize the total return of its stockholders in the form of current income and capital appreciation by providing capital solutions to middle market companies with sound business fundamentals and strong growth prospects. Crescent BDC utilizes the extensive experience, origination capabilities and disciplined investment process of Crescent Capital Group LP (“Crescent”). Crescent BDC is externally managed by Crescent Cap Advisors, LLC, a subsidiary of Crescent. Crescent BDC has elected to be regulated as a business development company under the Investment Company Act of 1940. For more information about Crescent BDC, visit www.crescentbdc.com. However, the contents of such website are not and should not be deemed to be incorporated by reference herein.
About Crescent Capital Group LP
Crescent is a global credit investment manager with over $45 billion of assets under management. For over 30 years, the firm has focused on below investment grade credit through strategies that invest in marketable and privately originated debt securities including senior bank loans, high yield bonds, as well as private senior, unitranche and junior debt securities. Crescent is headquartered in Los Angeles with offices in New York, Boston, Chicago and London with more than 225 employees globally. Crescent is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information about Crescent, visit www.crescentcap.com. However, the contents of such website are not and should not be deemed to be incorporated by reference herein.
Contact:
Dan McMahon
[email protected]
212-364-0149
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Crescent BDC undertakes no duty to update any forward-looking statements made herein.
