Saratoga Investment Fiscal Q1 Earnings Decline

Saratoga Investment (SAR) reported fiscal Q1 net investment income per share late Tuesday of $0.47, down from $0.66 a year earlier. Analysts surveyed by FactSet expected $0.56. Total investment income for the three months ended May 31 was $30.8 million, down from $32.3 million a year earlier. Analysts expected $31.4 million.