Blue Owl Technology Finance Corp. has amended its senior secured credit agreement for the fourth time, extending the revolver's availability period to June 2030 and the overall maturity date to June 2031. The accordion provision was also increased to up to roughly $4.01 billion. The company recently reported fiscal first quarter 2026 revenue of $325.9 million, missing estimates of $340.1 million, while EPS of $0.29 topped consensus by 17.5%. Net asset value per share dropped to $16.49 from $17.33, driven by $0.84 per share in realized and unrealized losses. Management maintained a $0.35 base dividend plus a $0.05 special dividend, though fully covering the base payout with earnings could take longer than expected. The Street expects fiscal second quarter 2026 revenue of around $337.53 million and EPS of $0.30, with earnings set for release on August 5.
Blue Owl Technology Finance Corp.Revenue missed estimates, net asset value dropped due to realized/unrealized losses, and dividend coverage may take longer than expected.