FARMINGTON, Conn. (AP) _ Horizon Technology Finance Corp. (HRZN) on Tuesday reported third-quarter net income of $5.2 million.
The Farmington, Connecticut-based company said it had profit of 38 cents per share. Earnings, adjusted for investment costs, came to 42 cents per share.
The investment company posted revenue of $11.4 million in the period.
Horizon Technology Finance shares have risen 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.17, an increase of 17% in the last 12 months.