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Rand Capital Announces First Quarter 2023 Financial Results Conference Call and Webcast

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Rand Capital Corporation (Nasdaq: RAND) has announced the release of its first quarter 2023 financial results before the market opens on May 9, 2023. The Company focuses on providing alternative financing for lower middle market companies, aiming to maximize total returns through debt and equity investments.

The conference call to discuss the results will take place on the same day at 1:30 p.m. ET, with a replay available until May 16, 2023. Rand Capital primarily invests in privately-held businesses with over $2 million in revenue and up to $5 million in EBITDA, managed by its external advisor.

Positive
  • Upcoming financial results release on May 9, 2023, indicating transparency and engagement with investors.
  • Focus on lower middle market investments, which may offer growth opportunities in a niche market.
Negative
  • None.

BUFFALO, N.Y.--(BUSINESS WIRE)-- Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced that it will release its first quarter 2023 financial results before the opening of financial markets on Tuesday, May 9, 2023. The Company will also host a conference call and webcast to review its results that day.

First Quarter 2023 Conference Call

Tuesday, May 9, 2023
1:30 p.m. Eastern Time
Phone: (201) 689-8263
Webcast: https://ir.randcapital.com/

A telephonic replay will be available from 5:00 p.m. ET on the day of the call through Tuesday, May 16, 2023. To listen to the archived call, dial (412) 317-6671 and enter replay PIN 13737966. The webcast replay will be available in the investors’ section at https://ir.randcapital.com/, where a transcript will also be posted once available.

ABOUT RAND CAPITAL

Rand Capital (Nasdaq: RAND) is an externally managed business development company (BDC). The Company’s investment objective is to maximize total return to its shareholders with current income and capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries. Rand invests in early to later stage businesses that have sustainable, differentiated and market-proven products, revenue of more than $2 million and a path to free cash flow or up to $5 million in EBITDA. The Company’s investment activities are managed by its external investment adviser, Rand Capital Management, LLC. Additional information can be found at the Company’s website where it regularly posts information: https://www.randcapital.com/.

Company:

Daniel P. Penberthy

President and CEO

Phone: 716.853.0802

Email: dpenberthy@randcapital.com

Investors:

Deborah K. Pawlowski / Craig Mychajluk

Kei Advisors LLC

Phone: 716.843.3908 / 716.843.3832

Email: dpawlowski@keiadvisors.com

cmychajluk@keiadvisors.com

Source: Rand Capital Corporation

FAQ

When will Rand Capital release its first quarter 2023 financial results?

Rand Capital will release its first quarter 2023 financial results on May 9, 2023.

What time is the Rand Capital conference call on May 9, 2023?

The conference call is scheduled for 1:30 p.m. Eastern Time on May 9, 2023.

How can I access the Rand Capital conference call replay?

The telephonic replay will be available from 5:00 p.m. ET on May 9, 2023, through May 16, 2023.

What is Rand Capital's investment focus?

Rand Capital focuses on providing financing to lower middle market companies with revenues over $2 million.

Where can I find more information about Rand Capital?

More information about Rand Capital can be found on their official website at www.randcapital.com.

Rand Capital Corp

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