Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

Saratoga Investment reports 4Q loss

NEW YORK (AP) _ Saratoga Investment Corp. (SAR) on Tuesday reported a fiscal fourth-quarter loss of $403,000, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 7 cents per share. Earnings, adjusted for investment costs, were 54 cents per share.

The business development company posted revenue of $7.8 million in the period.

For the year, the company reported profit of $11.6 million, or $2.09 per share. Revenue was reported as $30.1 million.

Saratoga Investment shares have risen nearly 6 percent since the beginning of the year.

_____

This story was generated by
Automated Insights
(http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a
Zacks stock report on SAR
at http://www.zacks.com/ap/SAR

_____

Keywords: Saratoga Investment, Earnings Report

Join the conversation. Click here to jump to comments…