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Prospect Capital: Fiscal 1Q Earnings Snapshot

NEW YORK (AP) _ Prospect Capital Corp. (PSEC) on Tuesday reported fiscal first-quarter profit of $83.8 million.

On a per-share basis, the New York-based company said it had net income of 23 cents.

The business development company posted revenue of $180.4 million in the period.

Prospect Capital shares have climbed 1 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.82, an increase of 18 percent in the last 12 months.


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