PennantPark Investment Corporation reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported revenue was USD 45.01 million compared to USD 23.35 million a year ago. Net income was USD 20.95 million compared to net loss of USD 18.48 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.28 a year ago.
For the nine months, revenue was USD 111.32 million compared to USD 76.04 million a year ago. Net loss was USD 46.07 million compared to net income of USD 10.19 million a year ago. Basic loss per share from continuing operations was USD 0.71 compared to basic earnings per share from continuing operations of USD 0.15 a year ago.