EICA

Eagle Point Income Company Inc. Schedules Release of First Quarter 2024 Financial Results on Tuesday, May 21, 2024

Retrieved on: 
Martedì, Maggio 7, 2024
Professional Services, Finance, Investment, EICA, Telephone, EICC, Conference, EIC, Eastern Time Zone

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended March 31, 2024 on Tuesday, May 21, 2024.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended March 31, 2024 on Tuesday, May 21, 2024.
  • The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time).
  • Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer, and Daniel Ko, Portfolio Manager.
  • All participants are asked to dial-in to the conference call 10 to 15 minutes prior to the call so that their name and company information can be collected.

Eagle Point Income Company Inc. Prices Offering of Preferred Stock

Retrieved on: 
Mercoledì, Marzo 27, 2024
Banking, Asset Management, Professional Services, Finance, EICA, EDGAR, Sale, Security (finance), NRSRO, Prospectus, Preferred stock, EIC, Egan-Jones Ratings Company, 4th floor, Fifth Avenue

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.
  • The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
  • In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 183,000 shares of Preferred Stock on the same terms and conditions.
  • The Preferred Stock offering is expected to close on April 3, 2024, subject to customary closing conditions.

Eagle Point Income Company Inc. Announces Offering of Preferred Stock

Retrieved on: 
Martedì, Marzo 26, 2024
Banking, Asset Management, Professional Services, Finance, EICA, EDGAR, Sale, Security (finance), NRSRO, Prospectus, EIC, Egan-Jones Ratings Company, 4th floor, Fifth Avenue

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).
  • The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters.
  • The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
  • In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions.

Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Giovedì, Febbraio 22, 2024
Banking, Asset Management, Professional Services, Finance, EIC, Investment, NAV, CLO, GAAP, History, EICA, NII, Bank

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter and full year ended December 31, 2023 and certain additional activity through February 15, 2024.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter and full year ended December 31, 2023 and certain additional activity through February 15, 2024.
  • “Eagle Point Income Company capped off an outstanding 2023 with another quarter of strong cash flows and growing net assets,” said Thomas P. Majewski, Chairman and Chief Executive Officer.
  • We grew our net asset value per share by over 2% for the quarter and 11% for the full year.
  • For the fiscal year ended December 31, 2023, the Company recorded GAAP net income of $29.3 million.

Eagle Point Income Company Inc. Schedules Release of Fourth Quarter 2023 and Year-End 2023 Financial Results on Thursday, February 22, 2024

Retrieved on: 
Giovedì, Febbraio 8, 2024
Banking, Asset Management, Professional Services, Finance, Conference, Eastern Time Zone, EIC, Telephone, EICA, Investment

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024.
  • The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time).
  • Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer, and Daniel Ko, Portfolio Manager.
  • All participants are asked to dial-in to the conference call 10 to 15 minutes prior to the call so that their name and company information can be collected.

Eagle Point Income Company Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Martedì, Novembre 14, 2023
Banking, Professional Services, Finance, NYSE, CLO, NAV, Investment, Exercise, EIC, Common stock, EICA, NII, Depreciation, GAAP, Rare-earth element, Bank, Security (finance), Satellite navigation device

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter ended September 30, 2023 and certain additional activity through October 31, 2023.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter ended September 30, 2023 and certain additional activity through October 31, 2023.
  • GAAP net income (inclusive of unrealized mark-to-market gains) of $14.1 million, or $1.51 per weighted average common share.
  • The common stock issuance resulted in $0.02 per share of NAV accretion for the quarter ended September 30, 2023.
  • FOURTH QUARTER 2023 PORTFOLIO ACTIVITY THROUGH OCTOBER 31, 2023 AND OTHER UPDATES
    NAV per common share is estimated to be between $13.60 and $13.70 as of October 31, 2023.

Eagle Point Income Company Inc. Schedules Release of Third Quarter 2023 Financial Results on Tuesday, November 14, 2023

Retrieved on: 
Martedì, Ottobre 31, 2023
Professional Services, Finance, EICA, Investment, Telephone, Conference, NYSE, Eastern Time Zone, EIC

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter ended September 30, 2023 on Tuesday, November 14, 2023.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter ended September 30, 2023 on Tuesday, November 14, 2023.
  • The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time).
  • Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer, and Daniel Ko, Portfolio Manager.
  • All participants are asked to dial-in to the conference call 10 to 15 minutes prior to the call so that their name and company information can be collected.

Eagle Point Income Company Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Martedì, Agosto 15, 2023
Banking, Professional Services, Finance, Exercise, Common stock, CLO, NII, EICA, NAV, GAAP, Investment, Depreciation, EIC, Environment, NYSE, Life insurance, Cryptocurrency, Bank, Security (finance)

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter ended June 30, 2023 and certain additional activity through July 31, 2023.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter ended June 30, 2023 and certain additional activity through July 31, 2023.
  • “In the second quarter, we produced NII of $0.49 per common share, in excess of common distributions paid.
  • The common stock issuance resulted in $0.03 per share of NAV accretion for the quarter ended June 30, 2023.
  • As of July 31, 2023, some of the Company’s investments had not yet reached their payment date for the quarter.

Eagle Point Income Company Inc. Announces Full Exercise and Closing of Underwriters’ Option in Offering of Preferred Stock

Retrieved on: 
Giovedì, Agosto 3, 2023
Banking, Professional Services, Finance, Exercise, NRSRO, Fifth Avenue, Egan-Jones Ratings Company, EICA, Preferred stock, EDGAR, Sale, Prospectus, 4th floor, Security (finance), EIC, NYSE

The exercise of the option resulted in additional net proceeds to the Company of approximately $4.1 million after payment of underwriting discounts and commissions.

Key Points: 
  • The exercise of the option resulted in additional net proceeds to the Company of approximately $4.1 million after payment of underwriting discounts and commissions.
  • The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
  • The Preferred Stock trades on the New York Stock Exchange under the symbol “EICB,” and the Preferred Stock issued pursuant to the underwriters’ option to purchase additional shares will trade under the same symbol.
  • Ladenburg Thalmann & Co. Inc. and B. Riley Securities, Inc. acted as joint book-running managers for the offering.

Eagle Point Income Company Inc. Schedules Release of Second Quarter 2023 Financial Results on Tuesday, August 15, 2023

Retrieved on: 
Mercoledì, Agosto 2, 2023
Professional Services, Finance, Telephone, EIC, Investment, Conference, NYSE, EICA, Eastern Time Zone

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter ended June 30, 2023 on Tuesday, August 15, 2023.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter ended June 30, 2023 on Tuesday, August 15, 2023.
  • The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time).
  • Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer, and Daniel Ko, Portfolio Manager.
  • All participants are asked to dial-in to the conference call 10 to 15 minutes prior to the call so that their name and company information can be collected.