THL Credit: 3Q Earnings Snapshot
BOSTON (AP) _ THL Credit Inc. (FCRD) on Wednesday reported third-quarter profit of $15.2 million.
The Boston-based company said it had net income of 49 cents per share. Earnings, adjusted for investment gains, were 10 cents per share.
The business development company posted revenue of $7.3 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.75. A year ago, they were trading at $6.94.