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THL Credit: 3Q Earnings Snapshot

·1 min read

BOSTON (AP) _ THL Credit Inc. (FCRD) on Wednesday reported third-quarter profit of $15.2 million.

The Boston-based company said it had net income of 49 cents per share. Earnings, adjusted for investment gains, were 10 cents per share.

The business development company posted revenue of $7.3 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $2.75. A year ago, they were trading at $6.94.

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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 FCRD at https://www.zacks.com/ap/FCRD