Cion Investment reports Q3 EPS 40c, consensus 38c

Reports Q3 net asset value per share was $15.73. The company said, “I’m pleased with CION‘s quarterly results as we continue to navigate a highly competitive credit environment. Additionally, we were very active in managing the right side of CION’s balance sheet in the third quarter. These transactions have given CION a more flexible balance sheet that we believe is better positioned to withstand potential volatility heading into next year.”