NEW YORK (AP) _ Investcorp Credit Management BDC, Inc. (ICMB) on Tuesday reported a fiscal first-quarter loss of $907,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 7 cents. Earnings, adjusted for investment costs, were 26 cents per share.
The specialty finance company posted revenue of $8.6 million in the period.
Investcorp shares have risen 10% since the beginning of the year.