Golub Capital Middle Market Report
Featuring the Golub Capital Altman Index
Revenue in the U.S. Middle Market Grew by 12% in Q3 2018
Overall, Golub Capital Altman Index earnings grew by 11% during the first two months of the third quarter
The Golub Capital Altman Index can provide early insight into financial performance of public companies and GDP in advance of earnings season
Golub Capital Altman Index Highlights
|Year-Over-Year ("YoY") Growth||Revenue||Earnings|
|Key Sectors Q3 2018 (YoY)||Revenue||Earnings|
Lawrence E. Golub, CEO of Golub Capital, said:
This quarter’s Golub Capital Altman Index showed the highest year-over-year revenue growth rate since its inception, marking a fourth consecutive quarter of record revenue growth. EBITDA growth was also exceptionally strong, suggesting U.S. middle market companies have done well in controlling costs amidst a tight labor market. Our data continues to show strong momentum in the U.S. economy that could help offset the negative impact of tariffs. We expect to see another robust GDP growth rate for the third quarter of 2018, likely in excess of 3% or even 4%.
About the Golub Capital Altman Index
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