Rand Capital Corporation
NASDAQRAND reported Q1 2026 results today that crystallised the challenge facing this small Buffalo-based BDC: a portfolio in transition, nonaccruals weighing on income, and a widening gap between net asset value and market price. Q1 adjusted EPS came in at $0.18, down sharply from $0.40 in the same period a year ago. Revenue fell to $1.24 million from $2.01 million. CEO Dan Penberthy…
Snapshot as of 6 May 2026
RAND reported Q1 2026 results today that crystallised the challenge facing this small Buffalo-based BDC: a portfolio in transition, nonaccruals weighing on income, and a widening gap between net asset value and market…
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