U.S. Markets closed

Investcorp: Fiscal 2Q Earnings Snapshot

NEW YORK (AP) _ Investcorp Credit Management BDC, Inc. (ICMB) on Monday reported fiscal second-quarter net income of $3 million.

On a per-share basis, the New York-based company said it had net income of 22 cents. Earnings, adjusted for investment costs, came to 27 cents per share.

The specialty finance company posted revenue of $9.4 million in the period.

Investcorp shares have risen nearly 8% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICMB at https://www.zacks.com/ap/ICMB