Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Portman Ridge Finance Corporation - Closed End Fund (PTMN)
Company Research
Source: Yahoo! Finance
Continued Share Repurchase Program for a Total of $4.4 Million During Full Year 2023 Announces Quarterly Distribution of $0.69 Per Share in the First Quarter of 2024 NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Milestones Total investment income was $76.3 million, an increase of 9.6% as compared to full year 2022. Net investment income ("NII") was $34.8 million ($3.66 per share). Core investment income , excluding the impact of purchase price accounting, was $74.5 million, an increase of 16.1% as compared to full year 2022. Total shares repurchased in open market transactions under the Renewed Stock Repurchase Program during the year ended December 31, 2023, were 224,933 at an aggregate cost of approximately $4.4 million. This compares to 167,017 shares repurchased during th
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News
- Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- 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
- Portman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsGlobeNewswire
PTMN
Earnings
- 11/8/23 - Miss
PTMN
Sec Filings
- 4/1/24 - Form 3
- 3/20/24 - Form 40-17G
- 3/15/24 - Form 8-K
- PTMN's page on the SEC website