BOSTON (AP) _ Bain Capital Specialty Finance, Inc. (BCSF) on Wednesday reported fourth-quarter net income of $39.5 million.

The Boston-based company said it had profit of 61 cents per share. Earnings, adjusted for investment gains, were 34 cents per share.

The company posted revenue of $48.3 million in the period.

For the year, the company reported profit of $8.3 million, or 14 cents per share. Revenue was reported as $194.5 million.

Bain Capital Specialty shares have increased 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.96, a fall of 29% in the last 12 months.

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