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Harvest Capital: 4Q Earnings Snapshot

March 13, 2020 GMT

NEW YORK (AP) _ Harvest Capital Credit Corp. (HCAP) on Friday reported a fourth-quarter loss of $310,000, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 5 cents per share. Earnings, adjusted for investment costs, came to 19 cents per share.

The provider of financial services to small and mid-sized companies posted revenue of $3.4 million in the period.

For the year, the company reported a loss of $1.2 million, or 20 cents per share, swinging to a loss in the period. Revenue was reported as $12.7 million.

The company’s shares closed at $4.83. A year ago, they were trading at $10.14.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCAP at https://www.zacks.com/ap/HCAP