Oaktree Strategic Income: Fiscal 4Q Earnings Snapshot
LOS ANGELES (AP) _ Oaktree Strategic Income Corp. (OCSI) on Thursday reported fiscal fourth-quarter net income of $8.4 million, after reporting a loss in the same period a year earlier.
The Los Angeles-based company said it had net income of 28 cents per share. Earnings, adjusted for investment gains, were 19 cents per share.
The specialty finance company posted revenue of $14.7 million in the period.
For the year, the company reported net income of $20.7 million, or 70 cents per share, swinging to a profit in the period. Revenue was reported as $47.7 million.
Oaktree Strategic Income shares have fallen nearly 1 percent since the beginning of the year. The stock has declined nearly 1 percent in the last 12 months.