CHARLOTTE, N.C. (AP) _ Barings BDC, Inc. (BBDC) on Tuesday reported fourth-quarter earnings of $22.8 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 46 cents. Earnings, adjusted for investment gains, came to 19 cents per share.

The business development company posted revenue of $19.9 million in the period.

For the year, the company reported profit of $8.2 million, or 17 cents per share. Revenue was reported as $71 million.

Barings BDC shares have climbed 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.85, a climb of 81% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBDC at https://www.zacks.com/ap/BBDC

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