Oxford Lane Capital Q2 Adj. EPS $1.24 Misses $2.25 Estimate, Sales $128.300M Miss $247.868M Estimate

Oxford Lane Capital (NASDAQ:OXLC) reported quarterly earnings of $1.24 per share which missed the analyst consensus estimate of $2.25 by 44.89 percent. This is a 22.5 percent decrease over earnings of $1.60 per share from the same period last year. The company reported quarterly sales of $128.300 million which missed the analyst consensus estimate of $247.868 million by 48.24 percent. This is a 22.07 percent increase over sales of $105.100 million the same period last year.