BlackRock Kelso: 3Q Earnings Snapshot
NEW YORK (AP) _ BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported a third-quarter loss of $12.7 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 18 cents per share. Earnings, adjusted for investment costs, came to 14 cents per share.
The closed-end investment company posted revenue of $20 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $4.65. A year ago, they were trading at $5.74.