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Medley: Fiscal 2Q Earnings Snapshot

NEW YORK (AP) _ Medley Capital Corp. (MCC) on Friday reported a loss of $24.6 million in its fiscal second quarter.

On a per-share basis, the New York-based company said it had a loss of 45 cents. Earnings, adjusted for investment costs, were 1 cent per share.

The investment firm posted revenue of $12.6 million in the period.

In the final minutes of trading on Friday, the company's shares hit $3.22. A year ago, they were trading at $3.67.


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