NEW YORK (AP) _ Portman Ridge Finance Corporation (PTMN) on Thursday reported a third-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 11 cents per share. Earnings, adjusted for investment costs, were 6 cents per share.
The business development company posted revenue of $7.1 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $2.20. A year ago, they were trading at $3.08.