NEW YORK (AP) _ PennantPark Floating Rate Capital Ltd. (PFLT) on Wednesday reported fiscal third-quarter profit of $5 million.

On a per-share basis, the New York-based company said it had net income of 13 cents. Earnings, adjusted for investment costs, came to 31 cents per share.

The investment company posted revenue of $19.5 million in the period.

PennantPark shares have decreased slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.68, a drop of nearly 4 percent in the last 12 months.


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