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Golub Capital BDC: Fiscal 3Q Earnings Snapshot

NEW YORK (AP) _ Golub Capital BDC Inc. (GBDC) on Wednesday reported fiscal third-quarter net income of $19.2 million.

On a per-share basis, the New York-based company said it had net income of 32 cents.

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 $42.1 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $41 million.

Golub Capital BDC shares have increased 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.99, a fall of nearly 6% 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 GBDC at https://www.zacks.com/ap/GBDC