Gladstone Capital: Fiscal 1Q Earnings Snapshot
MCLEAN, Va. (AP) _ Gladstone Capital Corp. (GLAD) on Wednesday reported a fiscal first-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.
The McLean, Virginia-based company said it had a loss of 13 cents per share. Earnings, adjusted for investment costs, came to 21 cents per share.
The real estate investment trust posted revenue of $11.9 million in the period.
Gladstone Capital shares have increased 21 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.86, a rise of slightly more than 5 percent in the last 12 months.