AP NEWS

Medley: Fiscal 4Q Earnings Snapshot

December 4, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCC at https://www.zacks.com/ap/MCC

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