Portman Ridge Finance Corporation Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Portman Ridge Finance Corporation - Closed End Fund (PTMN)
Company Research
Source: Yahoo! Finance
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 income , excluding the impact of purchase price accounting, for the first quarter of 2024 was $16.5 million, as compared to $17.7 million for the fourth quarter of 2023. Net in
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- Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
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- Portman Ridge Finance Co. (NASDAQ: PTMN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $20.50 to $20.00. They now have a "market perform" rating on the stock.MarketBeat
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