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Rand Capital Corporation (Nasdaq: RAND) will release its second quarter 2022 financial results before the market opens on August 8, 2022. A conference call and webcast will follow at 1:30 p.m. ET to discuss the results. Investors can access a replay of the call and a transcript on the company's investor relations website. Rand focuses on providing alternative financing for lower middle market companies, aiming for long-term returns through investments in businesses with revenue exceeding $2 million.
Positive
Scheduled earnings release may indicate strong management practices.
Focus on lower middle market companies could capitalize on underserved sectors.
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 second quarter 2022 financial results before the opening of financial markets on Monday, August 8, 2022. The Company will also host a conference call and webcast to review its results that day.
Second Quarter 2022 Conference Call
Monday, August 8, 2022 1:30 p.m. Eastern Time Phone: (201) 689-8263
Webcast: https://ir.randcapital.com/
A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Monday, August 15, 2022. To listen to the archived call, dial (412) 317-6671 and enter replay pin number 13731266. 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 Corporation (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/.