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Jun 30, 2024
PennantPark Q3 2024 Earnings Report
Announced financial results with a solid net investment income, driven by returns from the PSLF Joint Venture.
Key Takeaways
PennantPark Investment Corporation reported its financial results for the third quarter ended June 30, 2024. The portfolio totaled $1,259.9 million, and the company invested $163.1 million in new and existing portfolio companies. Net investment income was $15.7 million, or $0.24 per share. The company declared distributions of $0.22 per share.
Portfolio totaled $1,259.9 million as of June 30, 2024.
Invested $163.1 million in 11 new and 42 existing portfolio companies during the quarter.
Net investment income totaled $15.7 million, or $0.24 per share, for the quarter.
Declared distributions of $0.22 per share for the quarter.