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Garrison Capital: 4Q Earnings Snapshot

NEW YORK (AP) _ Garrison Capital Inc. (GARS) on Thursday reported a loss of $6.2 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 38 cents. Earnings, adjusted for investment costs, came to 16 cents per share.

The business development company posted revenue of $9.1 million in the period.

For the year, the company reported that its loss widened to $18.9 million, or $1.17 per share. Revenue was reported as $39.7 million.

In the final minutes of trading on Thursday, the company's shares hit $3.08. A year ago, they were trading at $7.46.


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