The Most Important "AI Stock" You've Never Heard Of

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Oaktree Specialty Lending: Fiscal Q4 Earnings Snapshot

ED DAVEY
November 14, 2023

LOS ANGLES, Calif. (AP) -- LOS ANGLES, Calif. (AP) -- Oaktree Specialty Lending Corp. (OCSL) on Tuesday reported fiscal fourth-quarter profit of $46 million.

On a per-share basis, the Los Angles, California-based company said it had net income of 60 cents. Earnings, adjusted for investment costs, were 62 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The specialty finance company posted revenue of $101.9 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $103.1 million.

For the year, the company reported profit of $117.3 million, or $1.63 per share. Revenue was reported as $379.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCSL at https://www.zacks.com/ap/OCSL

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