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Capitala Finance: 2Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Capitala Finance Corp. (CPTA) on Monday reported a second-quarter loss of $29.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $1.81. Earnings, adjusted for investment costs, came to 25 cents per share.

The business development company posted revenue of $11.6 million in the period.

Capitala Finance shares have risen 30% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPTA at https://www.zacks.com/ap/CPTA