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PennantPark: Fiscal 3Q Earnings Snapshot

August 7, 2019

NEW YORK (AP) _ PennantPark Floating Rate Capital Ltd. (PFLT) on Wednesday reported fiscal third-quarter profit of $4.5 million.

The New York-based company said it had profit of 12 cents per share. Earnings, adjusted for investment costs, were 29 cents per share.

The investment company posted revenue of $22.9 million in the period.

PennantPark shares have declined 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.22, a drop of 18% 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 PFLT at https://www.zacks.com/ap/PFLT

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