Portman Ridge Finance Corporation (PTMN) Reports Q3 EPS of $0.06

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Portman Ridge Finance Corporation Announces Third Quarter 2020 Financial Results

November 9, 2020 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the Company or Portman Ridge) announced today its third quarter 2020 financial results.

Financial Highlights

Net investment income for the third quarter ended September 30, 2020 was approximately $2.7 million, or $0.06 per share, compared with net investment income of approximately $2.6 million, or $0.06 per share in the second quarter of 2020, and net investment income of approximately $2.2 million, or $0.06 per share in the third quarter of 2019. At September 30, 2020, the fair value of the Companys investments totaled approximately $289 million, as... More