Medley: Fiscal 4Q Earnings Snapshot
NEW YORK (AP) _ Medley Capital Corp. (MCC) on Tuesday reported a loss of $23.5 million in its fiscal fourth quarter.
On a per-share basis, the New York-based company said it had a loss of 43 cents. Earnings, adjusted for investment costs, were 1 cent per share.
The investment firm posted revenue of $15.2 million in the period.
For the year, the company reported that its loss widened to $110.9 million, or $2.04 per share. Revenue was reported as $66.8 million.
The company’s shares closed at $3.46. A year ago, they were trading at $5.76.