Cion Investment CorpCION
▲ PositiveCapitalrelevance
Q2 earnings beat and increased buyback authorization
Impact on stocks 3
Financials
CION Investment Stock Surges 16.9% After Q2 Earnings Beat
EarningsCorporate Action
CION Investment Corporation shares jumped 16.9% after the company reported second-quarter 2026 net investment income of 29 cents per share, beating the Zacks Consensus Estimate of 27 cents. Net investment income was $14.2 million, down 16.2% from the prior-year quarter. Total investment income declined 4.7% year over year to $49.8 million, while operating expenses rose nearly 1% to $35.6 million. The board also increased the share repurchase authorization by $50 million to a total of $130 million.
Cion Investment CorpQ2 earnings beat and increased buyback authorization
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