AP NEWS

Firsthand Technology Value Fund: 2Q Earnings Snapshot

August 9, 2018

SAN JOSE, Calif. (AP) _ Firsthand Technology Value Fund Inc. (SVVC) on Thursday reported second-quarter net income of $6.5 million, after reporting a loss in the same period a year earlier.

The San Jose, California-based company said it had profit of 89 cents per share. Losses, adjusted for investment gains, came to 22 cents per share.

The technology investment fund posted revenue of $781,400 in the period. Its adjusted revenue was $781,000.

Firsthand Technology Value Fund shares have climbed 50 percent since the beginning of the year. The stock has risen 73 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 SVVC at https://www.zacks.com/ap/SVVC

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