Prospect Capital: Fiscal 4Q Earnings Snapshot
NEW YORK (AP) _ Prospect Capital Corp. (PSEC) on Tuesday reported fiscal fourth-quarter net income of $114.3 million.
The New York-based company said it had net income of 31 cents per share. Earnings, adjusted for investment gains, came to 22 cents per share.
The business development company posted revenue of $174 million in the period.
For the year, the company reported profit of $299.9 million, or 83 cents per share. Revenue was reported as $607 million.
Prospect Capital shares have risen roughly 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.14, an increase of slightly more than 1 percent in the last 12 months.