PennantPark Floating Rate Capital Ltd. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported revenue was USD 37.71 million compared to USD 25.73 million a year ago. Net income was USD 5.59 million compared to net loss of USD 5.09 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.12 a year ago.
For the nine months, revenue was USD 103.6 million compared to USD 76.7 million a year ago. Net income was USD 11.22 million compared to USD 16.59 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.42 a year ago.