NEW YORK (AP) — NEW YORK (AP) — Portman Ridge Finance Corporation (PTMN) on Wednesday reported profit of $4.5 million in its first quarter.
On a per-share basis, the New York-based company said it had net income of 48 cents. Earnings, adjusted for investment costs, came to 67 cents per share.
The business development company posted revenue of $16.5 million in the period.
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