According to the Golub Capital Middle Market Report, middle market private companies in the Golub Capital Altman Index experienced approximate year-over-year earnings growth of 9.5% and revenue growth of 9.3% during the first two months of Q1/19.
This compares to approximate year-over-year earnings growth of 13.4% and revenue growth of 10.6% in Q4/18.
Lawrence E. Golub, CEO of Golub Capital, said, “U.S. businesses selling primarily in the domestic market are in great shape. The Golub Capital Altman Index posted nearly double-digit revenue and earnings growth in Q1, despite the U.S. government shutdown for most of January.
