Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
MCLEAN, Va. (AP) _ Gladstone Capital Corp. (GLAD) on Monday reported a fiscal second-quarter loss of $27.8 million, after reporting a profit in the same period a year earlier.
The McLean, Virginia-based company said it had a loss of 89 cents per share. Earnings, adjusted for investment costs, were 21 cents per share.
The real estate investment trust posted revenue of $11.5 million in the period.
Gladstone Capital shares have fallen 36% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.35, a drop of 32% in the last 12 months.
Insight by LexisNexis Risk Solutions: Experts from DHS, SBA and GSA will explore how agencies are approaching fraud prevention in this free webinar.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLAD at https://www.zacks.com/ap/GLAD
© 2021 . All rights reserved. This website is not intended for users located within the European Economic Area.