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Portman Ridge: 3Q Earnings Snapshot

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.


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