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Jun 30, 2023

PennantPark Q3 2023 Earnings Report

Announced a 5.0% increase in quarterly distribution to $0.21 per share and reported financial results.

Key Takeaways

PennantPark Investment Corporation reported its financial results for the third quarter ended June 30, 2023. The company declared a quarterly distribution of $0.21 per share, a 5.0% increase from the previous distribution.

Declared a quarterly distribution of $0.21 per share, a 5.0% increase.

Portfolio totaled $1,075.9 million as of June 30, 2023.

Invested $69.9 million in three new and 43 existing portfolio companies during the quarter.

Net investment income totaled $23.0 million, or $0.35 per share, for the quarter.

Total Revenue
$45M
Previous year: $23.3M
+92.8%
EPS
$0.35
Previous year: $0.16
+118.7%
Cash and Equivalents
$42.8M

PennantPark

PennantPark

Forward Guidance

No specific forward guidance was provided in the press release.