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Saratoga Investment: Fiscal 4Q Earnings Snapshot

NEW YORK (AP) _ Saratoga Investment Corp. (SAR) on Wednesday reported fiscal fourth-quarter net income of $7.9 million.

The New York-based company said it had net income of $1.04 per share. Earnings, adjusted for investment gains, were 66 cents per share.

The business development company posted revenue of $13 million in the period.

For the year, the company reported profit of $18.5 million, or $2.63 per share. Revenue was reported as $47.7 million.

Saratoga Investment shares have climbed 27% 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