NEW YORK (AP) _ Goldman Sachs BDC Inc. (GSBD) on Monday reported second-quarter net income of $34.8 million.

On a per-share basis, the New York-based company said it had profit of 86 cents. Earnings, adjusted for investment gains, came to 45 cents per share.

The specialty finance company posted revenue of $30.6 million in the period.

Goldman Sachs BDC shares have dropped 23% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.29, a fall of 18% in the last 12 months.

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

Automated Insights, source Associated Press News