PennantPark Q1 2020 Earnings Report
Key Takeaways
PennantPark Investment Corporation reported a net investment income of $10.2 million, or $0.15 per share, for the quarter ended December 31, 2019. The company's portfolio totaled $1,378.9 million, with a weighted average yield on interest bearing debt investments of 9.6%.
Portfolio totaled $1,378.9 million as of December 31, 2019.
Net investment income was $10.2 million, or $0.15 per share, for the three months ended December 31, 2019.
Invested $173.7 million in 13 new and 15 existing portfolio companies with a weighted average yield on debt investments of 8.8%.
Declared distributions of $0.18 per share, for total distributions of $12.1 million during the three months ended December 31, 2019.
PennantPark
PennantPark
Forward Guidance
No specific forward guidance was provided in the document.