NEW YORK (AP) _ PennantPark Investment Corp. (PNNT) on Thursday reported fiscal fourth-quarter net income of $9.5 million.

The New York-based company said it had net income of 14 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The business development company posted revenue of $21.3 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $23.8 million.

For the year, the company reported a loss of $16 million, or 24 cents per share, swinging to a loss in the period. Revenue was reported as $100.2 million.

In the final minutes of trading on Thursday, the company's shares hit $4.21. A year ago, they were trading at $5.95.

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

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