U.S. Markets closed

Gladstone Capital: Fiscal 4Q Earnings Snapshot

MCLEAN, Va. (AP) _ Gladstone Capital Corp. (GLAD) on Wednesday reported a fiscal fourth-quarter loss of $9.9 million, after reporting a profit in the same period a year earlier.

The McLean, Virginia-based company said it had a loss of 35 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share.

The real estate investment trust posted revenue of $11.3 million in the period.

For the year, the company reported profit of $18.6 million, or 69 cents per share. Revenue was reported as $45.6 million.

Gladstone Capital shares have climbed slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.23, a drop of nearly 4 percent in the last 12 months.


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