PennantPark: Fiscal 4Q Earnings Snapshot
NEW YORK (AP) _ PennantPark Floating Rate Capital Ltd. (PFLT) on Wednesday reported fiscal fourth-quarter net income of $7.4 million.
The New York-based company said it had profit of 18 cents per share. Earnings, adjusted for investment costs, were 29 cents per share.
The investment company posted revenue of $23.9 million in the period.
For the year, the company reported profit of $11.4 million, or 29 cents per share. Revenue was reported as $92.9 million.
PennantPark shares have risen roughly 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.89, a decline of 8% in the last 12 months.