Firsthand Technology Value Fund: 3Q Earnings Snapshot
SAN JOSE, Calif. (AP) _ Firsthand Technology Value Fund Inc. (SVVC) on Friday reported third-quarter net income of $26.7 million, after reporting a loss in the same period a year earlier.
The San Jose, California-based company said it had net income of $3.67 per share. Losses, adjusted for investment gains, were $1.58 per share.
The technology investment fund posted revenue of $975,400 in the period. Its adjusted revenue was $975,000.
Firsthand Technology Value Fund shares have risen 39 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $12.45, a climb of 54 percent in the last 12 months.