MVC Capital: Fiscal 3Q Earnings Snapshot
PURCHASE, N.Y. (AP) _ MVC Capital Inc. (MVC) on Monday reported fiscal third-quarter net income of $348,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Purchase, New York-based company said it had profit of 2 cents. Earnings, adjusted for investment costs, came to 16 cents per share.
The business development company posted revenue of $7.5 million in the period.
MVC Capital shares have climbed slightly more than 8% since the beginning of the year. The stock has decreased 4% in the last 12 months.