Revenue Update on OHA Investment Corp(NASDAQ:OHAI)

OHA Investment Corp(NASDAQ:OHAI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 5, 2016. Earnings per share were $0.06.

Several Insider Transactions has been reported to the SEC. On Dec 30, 2015, Robert W. Long (CEO) purchased 6,089 shares at $4.02 per share price.Also, On Dec 30, 2015, Cory Gilbert (CFO) purchased 1,309 shares at $4.02 per share price.On Dec 30, 2015, Frank V Tannura (director) purchased 4,364 shares at $4.02 per share price, according to the Form-4 filing with the securities and exchange commission.

OHA Investment Corporation is a specialty finance company. The Company operates as a business development company. It focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. Its investment objective is to generate both current income and capital appreciation primarily through debt investments some of which include equity components. Its investment activities are managed by Oak Hill Advisors L.P. The Company is an externally managed closed-end non-diversified management investment company. The majority of its investment portfolio comprises debt securities and other investments in upstream exploration and production companies engaged in the acquisition development and production of oil and natural gas properties in and along the Gulf Coast in the state and federal waters of the Gulf of Mexico and in the Permian Basin Mid-Continent and Rocky Mountain areas.

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