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Golub Capital BDC: Fiscal 2Q Earnings Snapshot

NEW YORK (AP) _ Golub Capital BDC Inc. (GBDC) on Wednesday reported fiscal second-quarter net income of $17.8 million.

The New York-based company said it had profit of 29 cents per share. Earnings, adjusted for one-time gains and costs, were 32 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

The business development company posted revenue of $41.8 million in the period.

Golub Capital BDC shares have climbed 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.16, a decline of 1% 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 GBDC at https://www.zacks.com/ap/GBDC