Portman Ridge Finance Corporation Announces First Quarter 2024 Financial Results
Portman Ridge Finance Corporation - Closed End Fund (PTMN)
Company Research
Source: GlobeNewswire
Reports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During the First Quarter; Accretive to NAV by $0.02 Per Share Announces Second Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total investment income for the first quarter of 2024 was $16.5 million (inclusive of the reversal $0.4 million, or $0.04 per share, of previously accrued income on two loans that were placed on non-accrual status in the first quarter), as compared to $17.8 million for the fourth quarter of 2023.Core investment income1, excluding the impact of purchase price accounting, for the first quarter of 2024 was
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PTMN
Earnings
- 5/8/24 - Miss
PTMN
Sec Filings
- 5/15/24 - Form 40-17G
- 5/13/24 - Form 8-K
- 5/8/24 - Form 10-Q
- PTMN's page on the SEC website