NEW YORK (AP) _ Prospect Capital Corp. (PSEC) on Monday reported fiscal third-quarter net income of $246.4 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had profit of 64 cents per share. Earnings, adjusted for investment gains, came to 19 cents per share.

The business development company posted revenue of $159.5 million in the period.

Prospect Capital shares have risen 49% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.06, an increase of 98% in the last 12 months.

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