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Horizon Technology Finance: 4Q Earnings Snapshot

FARMINGTON, Conn. (AP) _ Horizon Technology Finance Corp. (HRZN) on Tuesday reported fourth-quarter net income of $6.7 million.

On a per-share basis, the Farmington, Connecticut-based company said it had profit of 45 cents. Earnings, adjusted for investment gains, came to 43 cents per share.

The investment company posted revenue of $13 million in the period.

For the year, the company reported profit of $19.5 million, or $1.45 per share. Revenue was reported as $43.1 million.

Horizon Technology Finance shares have declined 7.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.96, a decrease of almost 7% 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 HRZN at https://www.zacks.com/ap/HRZN