PennantPark Floating Rate Capital Ltd. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported revenue was USD 44.35 million compared to USD 34.55 million a year ago. Net income was USD 31.11 million compared to USD 7.24 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.15 a year ago.
For the six months, revenue was USD 82.33 million compared to USD 65.89 million a year ago. Net income was USD 53.58 million compared to USD 5.62 million a year ago. Basic earnings per share from continuing operations was USD 0.89 compared to USD 0.12 a year ago.