NEW YORK (AP) _ PennantPark Floating Rate Capital Ltd. (PFLT) on Wednesday reported fiscal third-quarter profit of $4.5 million.
The New York-based company said it had profit of 12 cents per share. Earnings, adjusted for investment costs, were 29 cents per share.
The investment company posted revenue of $22.9 million in the period.
PennantPark shares have declined 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.22, a drop of 18% in the last 12 months.