PennantPark: Fiscal 4Q Earnings Snapshot
NEW YORK (AP) _ PennantPark Floating Rate Capital Ltd. (PFLT) on Wednesday reported fiscal fourth-quarter earnings of $11 million.
On a per-share basis, the New York-based company said it had profit of 28 cents. Earnings, adjusted for investment costs, came to 29 cents per share.
The investment company posted revenue of $21.3 million in the period.
For the year, the company reported profit of $33.5 million, or 87 cents per share. Revenue was reported as $72.2 million.
PennantPark shares have decreased 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.14, a decline of slightly more than 5 percent in the last 12 months.