Fidus Investment Corp (NASDAQ:FDUS) Q1 2023 Earnings Conference Call May 5, 2023 9:00 AM ET

Company Participants

Shelby Sherard - CFO, Chief Compliance Officer & Secretary

Edward Ross - Chairman & CEO

Conference Call Participants

Mickey Schleien - Ladenburg Thalmann & Co.

Robert Dodd - Raymond James & Associates

Bryce Rowe - B. Riley Securities

Erik Zwick - Hovde Group

Operator

Good day, and welcome to the Fidus Investment Corporation First Quarter 2023 Earnings Conference Call. [Operator Instructions]. And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome Shelby Sherard to begin the conference. Shelby, over to you.

Shelby Sherard

Thank you, Gavin, and good morning, everyone. Thank you for joining us for Fidus Investment Corporation's First Quarter 2023 Earnings Conference Call. Fidus issued a press release yesterday afternoon with the details of the company's quarterly financial results. A copy of this press release is available on the Investor Relations page of the company's website at fdus.com.

I'd also like to call your attention to the customary safe harbor disclosure regarding forward-looking information included on today's call. The conference call today will contain forward-looking statements, including statements regarding the goals, strategies, beliefs, future potential, operating results and cash flows of Fidus Investment Corporation.

Although management believes these statements are reasonable based on estimates, assumptions and projections as of today, May 5, 2023, these statements are not guarantees of future performance. Time-sensitive information may no longer be accurate at the time of any telephonic or webcast replay. Actual results may differ materially as a result of risks, uncertainties and other factors including, but not limited to, the factors set forth in the company's filings with the Securities and Exchange Commission. Fidus undergoes no obligation to update or revise any of these forward-looking statements.

With that, I would now like to turn the call over to Ed. Good morning, Ed.

Edward Ross

Good morning, Shelby, and good morning, everyone. Welcome to our first quarter 2023 earnings conference call. On today's call, I'll start with a review of our first quarter performance and our portfolio at quarter end and then give you an update on our views about market conditions in the lower middle market for the rest of 2023. Shelby will cover the first quarter financial results and our liquidity position. After we have completed our prepared remarks, we'll be happy to take your questions.