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Garrison Capital: 1Q Earnings Snapshot

NEW YORK (AP) _ Garrison Capital Inc. (GARS) on Tuesday reported first-quarter net income of $2.4 million.

The New York-based company said it had profit of 15 cents per share. Earnings, adjusted for investment costs, were 20 cents per share.

The business development company posted revenue of $10.2 million in the period.

Garrison Capital shares have increased roughly 8% since the beginning of the year. The stock has fallen 17% 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 GARS at https://www.zacks.com/ap/GARS