Portman Ridge Finance Corporation (PTMN) Misses Q2 EPS by 13c

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Portman Ridge Finance Corporation Announces Second Quarter 2022 Financial Results

August 9, 2022 4:35 PM EDT

Reports Strong Investment Activity and Lower Non-Accruals; Reduces Cost of Capital     Maintains its Quarterly Distribution of $0.63 per Share

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the Company or Portman Ridge) announced today its financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Net asset value (NAV) for the second quarter of 2022 was $261.7 million ($27.26 per share1) as compared to $278.3 million ($28.76 per share1) in the first quarter of... More