PennantPark Floating Rate Capital Ltd. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported revenue was USD 37.97 million compared to USD 31.34 million a year ago. Net income was USD 22.47 million compared to net loss of USD 1.62 million a year ago.

Basic earnings per share from continuing operations was USD 0.38 compared to basic loss per share from continuing operations of USD 0.04 a year ago.