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Saratoga Investment: Fiscal 3Q Earnings Snapshot

NEW YORK (AP) _ Saratoga Investment Corp. (SAR) on Wednesday reported fiscal third-quarter profit of $3.7 million.

The New York-based company said it had net income of 49 cents per share. Earnings, adjusted for investment costs, came to 65 cents per share.

The business development company posted revenue of $12.8 million in the period.

Saratoga Investment shares have risen 8 percent since the beginning of the year.

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