AP NEWS

Prospect Capital: Fiscal 4Q Earnings Snapshot

August 28, 2018

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.

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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 PSEC at https://www.zacks.com/ap/PSEC

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