PTMN earnings
Portman Ridge Finance Corporation (PTMN) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Mount Logan Capital Inc. Announces Second Quarter 2025 Financial ResultsDeclared quarterly distribution of C$0.02 per common share in the third quarter of 2025, the twenty-fourth consecutive quarter of a shareholder distribution Asset management segment generated $8.4 million in Fee Related Earnings ("FRE") for the trailing twelve months ended June 30, 2025, a 28% increase over the prior year period Generated $4.6 million of Spread Related Earnings ("SRE") for the trailing twelve months ended June 30, 2025, which reflects 0.7% of spread earnings on Ability's assets Mount Logan and 180 Degree Capital (NASDAQ:TURN) filed definitive proxy materials for the proposed Business Combination Mount Logan expects to hold a special meeting of its shareholders o
- Portman Ridge Finance Corporation Announces Second Quarter 2025 Financial ResultsCompleted Merger with Logan Ridge Finance Corporation Reports Net Investment Income of $4.6 Million, or $0.50 Per Share for the Second Quarter Announces Third Quarter 2025 Quarterly Base Distribution of $0.47 Per Share and Supplemental Distribution of $0.02 per share NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the second quarter ended June 30, 2025. Transformational Milestone On July 15, 2025, Portman Ridge closed the previously announced merger of Logan Ridge Finance Corporation ("Logan Ridge") with and into Portman Ridge, with Portman Ridge remaining as the su
- Portman Ridge Finance Corporation Schedules Second Quarter 2025 Earnings Release and Conference CallNEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") is to release its financial results for the second quarter ended June 30, 2025, on Thursday, August 7, 2025, after market close. The Company will host a conference call on Friday, August 8, 2025, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 1430967. A replay of this conference call will be available shortly after the live call through August 15, 2025. By Webcast: A live audio webcast of the conference
- Mount Logan Capital Inc. Announces First Quarter 2025 Financial ResultsDeclared quarterly distribution of C$0.02 per common share in the second quarter of 2025, the twenty-third consecutive quarter of a shareholder distribution Asset management segment generated $8.1 million in Fee Related Earnings ("FRE") for the trailing twelve months ended March 31, 2025, a 25% increase over the prior year period Generated $7.8 million of Spread Related Earnings ("SRE") for the trailing twelve months ended March 31, 2025, which reflects 1.3% of spread earnings on Ability's assets During January 2025, the Company announced it entered into a definitive agreement to combine with 180 Degree Capital Corp. (NASDAQ:TURN) in an all-stock transaction. The surviving entity is expe
- Portman Ridge Finance Corporation Announces First Quarter 2025 Financial ResultsReports Net Investment Income of $0.47 Per Share and Net Asset Value of $18.85 Per Share Deployment of Approximately $17.5 Million and Sales and Repayments of Approximately $15.7 Million for Net Deployment of Approximately $1.8 Million Announces Second Quarter 2025 Quarterly Base Distribution of $0.47 Per Share Investors are Encouraged to Vote FOR the Acquisition of Logan Ridge Finance Corporation NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total investment
- Portman Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference CallNEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after market close. The Company will host a conference call on Friday, May 9, 2025, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9782758. A replay of this conference call will be available shortly after the live call through May 16, 2025. By Webcast: A live audio webcast of the conference call can be accessed via
- Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2024 Financial ResultsGenerated $15.3 million of insurance segment Spread Related Earnings ("SRE") for the year ended December 31, 2024, a significant increase over the prior year period Asset management segment generated $7.5 million in Fee Related Earnings ("FRE") for the year ended December 31, 2024, a 36% increase over the prior year, and within our previously stated 2024 FRE guidance range During the quarter, the Company completed an amendment to its existing corporate credit facility, which included an upsize to support key business initiatives and introduced a pricing step-down mechanism During January 2025, the Company announced it entered into a definitive agreement to combine with 180 Degree Capital
- Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2024 Financial ResultsReports Net Investment Income of $2.59 Per Share for Full Year 2024 and Net Asset Value of $19.41 Per Share Continued Share Repurchase Program: Total of 202,357 Shares for an Aggregate Cost of Approximately $3.8 Million Repurchased During Full Year 2024; Accretive to NAV by $0.07 Per Share Announces First Quarter 2025 Regular Quarterly Base Distribution of $0.47 Per Share and Introduces a Quarterly Supplemental Distribution of $0.07 Per Share Merger Agreement with Logan Ridge Aims to Create Meaningful Shareholder Value Via Greater Scale, Enhanced Liquidity, and Improved Operational Efficiencies NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN
- Portman Ridge Finance Corporation and Logan Ridge Finance Corporation Enter into Merger AgreementPortman Ridge Finance Corporation and Logan Ridge Finance Corporation Enter into Merger Agreement Combined Entity Will be Managed by Sierra Crest Investment Management, LLC, an Affiliate of BC Partners Advisors L.P. Companies to Host a Joint Conference Call on January 30, 2025, at 4:00 PM ET to Discuss the Proposed Merger NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or "PTMN") and Logan Ridge Finance Corporation (NASDAQ:LRFC) ("Logan Ridge" or "LRFC") (together, the "Companies"), business development companies ("BDCs") managed by affiliates of BC Partners Advisors L.P. ("BC Partners"), announced today that they have e
- Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference CallNEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, after market close. The Company will host a conference call on Friday, March 14, 2025, at 10:30 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 968-2525 approximately 10 minutes prior to the start of the conference call and use the conference ID 4473265. A replay of this conference call will be available shortly after the live call through March 21, 2025. By Webcast: A live audio webcast of the conference c
- Portman Ridge Finance Corporation Announces Third Quarter 2024 Financial ResultsReports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Continued Share Repurchase Program: Total of 33,429 Shares for an Aggregate Cost of Approximately $0.6 Million Repurchased During the Third Quarter; Accretive to NAV by $0.01 Per Share Announces Fourth Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total
- Portman Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference CallNEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 6715408. A replay of this conference call will be available shortly after the live call through November 19th. By Webcast:A live audio webcast of the conference call can be a
- Portman Ridge Finance Corporation Announces Second Quarter 2024 Financial ResultsReports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share Amends and Extends Existing Senior Secured Revolving Credit Facility; Upsizes Commitments to $200.0 Million from $115.0 Million, Reduces Interest Rate Margin to 2.50% from 2.80% Continued Share Repurchase Program: Total of 79,722 Shares for an Aggregate Cost of Approximately $1.6 Million Repurchased During the Second Quarter; Accretive to NAV by $0.03 Per Share Announces Third Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for
- Portman Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference CallNEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9474953. A replay of this conference call will be available shortly after the live call through August 16th. By Webcast: A live audio webcast of the conference call can be acce
- Portman Ridge Finance Corporation Announces First Quarter 2024 Financial ResultsReports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During the First Quarter; Accretive to NAV by $0.02 Per Share Announces Second Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total investment income for the first quarter of 2024 was $16.5 million (inclusive of the reversal $0.4 mill
- Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallNEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 8703487. A replay of this conference call will be available shortly after the live call through May 16th. By Webcast: A live audio webcast of the conference call can be accessed via th
- Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsReports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million Continued Share Repurchase Program for a Total of $4.4 Million During Full Year 2023 Announces Quarterly Distribution of $0.69 Per Share in the First Quarter of 2024 NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Milestones Total investment income was $76.3 million, an increase of 9.6% as compared to full year 2022.Net investment inc
- Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallNEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 13, 2024, after market close. The Company will host a conference call on Thursday, March 14, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4194885. A replay of this conference call will be available shortly after the live call through March 21st. By Webcast: A live audio webcast of the conference cal
- Portman Ridge Finance Corporation Announces Third Quarter 2023 Financial ResultsReports Strong Performance with Increases in Net Asset Value Per Share Quarter-over-Quarter, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Third Quarter of 2023 Announces Quarterly Distribution of $0.69 Per Share in the Fourth Quarter of 2023, Marking a $0.19 per Share Increase in the Total Distribution for the Full Year 2023, a 7.4% Increase as Compared to the Full Year 2022 NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highl
- Portman Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference CallNEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after market close. The Company will host a conference call on Thursday, November 9, 2023, at 4:00 p.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9970193. A replay of this conference call will be available shortly after the live call through November 16th. By Webcast: A live audio webcast of the conference call can b
- Portman Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsReports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Second Quarter of 2023 Announces Quarterly Distribution of $0.69 Per Share in the Third Quarter of 2023, Marking a $0.06 per Share Increase from the $0.63 Distribution Seen in the Third Quarter of 2022 NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Total investment income for the second quar
- Portman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference CallNEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the second quarter ended June 30, 2023, on Wednesday, August 9, 2023, after market close. The Company will host a conference call on Thursday, August 10, 2023, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 3296365. A replay of this conference call will be available from approximately 11:00 a.m. Eastern Time on August 10th through August 17th. By Webcast: A live audio webcast of the conference call ca
- Portman Ridge Finance Corporation Announces First Quarter 2023 Financial ResultsReports Strong Performance with Higher Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter, While Also Continuing Share Repurchase Program in the First Quarter of 2023 Increases Quarterly Distribution to $0.69 Per Share in the Second Quarter of 2023, Marking the Third Consecutive Quarter of an Increased Stockholder Distribution NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Total investment income for the first quarter of 2023 was $20.3 million, an increa
- Portman Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference CallNEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023, after market close. The Company will host a conference call on Thursday, May 11, 2023 at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4553626. A replay of this conference call will be available from approximately 11:00 a.m. Eastern Time on May 11th through May 18th. By Webcast: A live audio webcast of the conference call can be access
- Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial ResultsIncreased Core Investment Income, Further Diversified Portfolio, Reduced Non-Accruals, Lowered Cost of Capital and Continued Share Repurchase Program in Full Year 2022 Increases Quarterly Distribution to $0.68 Per Share in the First Quarter of 2023, Marking the Second Consecutive Quarter of an Increased Stockholder Distribution NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Total investment income for the fourth quarter of 2022 was $18.6 million as compared to $17.3 million for
- Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallNEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Thursday, March 9, 2023, after market close. The Company will host a conference call on Friday, March 10, 2023 at 9:00 a.m. Eastern Time to discuss these results. By Phone:To access the call, please dial (800) 715-9871 approximately 10 minutes prior to the start of the conference call and use the conference ID 9307995. By Webcast:A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at https://edge.media-server.com/mmc/p/kad4ywz6. The
- Portman Ridge Finance Corporation Announces Third Quarter 2022 Financial ResultsReports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter Increases Quarterly Distribution to $0.67 per Share NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights Total investment income for the third quarter of 2022 was $19.0 million, of which $15.4 million was attributable to interest income from the debt securities portfolio. This compares to total investment income for the second quarter of 2022 of $15.0 million, of w
- Portman Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference CallCall Scheduled for 9:00 am ET on Wednesday, November 9 NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2022, on November 8, 2022, after market close. The Company will host a conference call on Wednesday, November 9, 2022 at 9:00 am ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 8666889. By Webcast: A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at
- Portman Ridge Finance Corporation Announces Second Quarter 2022 Financial ResultsReports Strong Investment Activity and Lower Non-Accruals; Reduces Cost of Capital Maintains its Quarterly Distribution of $0.63 per Share NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Net asset value ("NAV") for the second quarter of 2022 was $261.7 million ($27.26 per share1) as compared to $278.3 million ($28.76 per share1) in the first quarter of 2022.Total investment income for the second quarter of 2022 was $15.0 million, of which $11.9 million was attributable to interest income from t
- Portman Ridge Finance Corporation Schedules Second Quarter 2022 Earnings Release and Conference CallNEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022, after market close. The Company will host a conference call on Wednesday, August 10, 2022 at 9:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 7102603.By Webcast:A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on the Company's website at www.portmanridge.com in the Investor Relations section u
- Portman Ridge Finance Corporation Announces First Quarter 2022 Financial ResultsWell Positioned to Further Improve Portfolio Performance and Increase Investment Income in 2022;Refinances JPMorgan Chase Bank ("JPM") Credit Facility and Reduces Cost of Capital Declares Quarterly Distribution of $0.63 Per Share NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights Net asset value ("NAV") for the first quarter of 2022 remained relatively flat at $278.3 million ($28.76 per share1) as compared to $280.1 million ($28.88 per share) in the fourth quarter of 2021, despite pervasive market vola
- Portman Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference CallNEW YORK, April 12, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the first quarter ended March 31, 2022, on Tuesday, May 10, 2022, after market close. The Company will host a conference call on Wednesday, May 11, 2022 at 9:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (866) 757-5630 approximately 10 minutes prior to the start of the conference call and use the conference ID 5981065.A replay of this conference call will be available from approximately 12:00 p.m. ET on May 11 through May 18. The dial in number for the replay is (855) 859-2056 and the conference ID is 5981065.By W
- Portman Ridge Finance Corporation Announces Full Year 2021 Financial ResultsNEW YORK, March 10, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the full year ended December 31, 2021. The Company also declared a quarterly stockholder distribution of $0.63 per share for the first quarter of 2022, payable on March 30, 2022 to stockholders of record at the close of business on March 21, 2022. This is an increase of $0.01 per share from $0.62 per share distributed in the fourth quarter of 2021 and $0.60 per share distributed in preceding quarters. Full Year 2021 Highlights1 Net asset value ("NAV") for full year 2021 increased to $280.1 million ($28.88 pe
- Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference CallNEW YORK, March 03, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") to release its financial results for the fourth quarter and fiscal year ended December 31, 2021 on Thursday, March 10, 2022, after market close. The Company will host a conference call on Friday, March 11, 2022 at 9:00 a.m. Eastern Time to discuss these results. By Phone:To access the call, please dial (866) 757-5630 approximately 10 minutes prior to the start of the conference call and use the conference ID 1949597.A replay of this conference call will be available from approximately 12:00 p.m. Eastern Time on March 11 through March 18. The dial in number for the replay is (855)
- Portman Ridge Finance Corporation Reports Third Quarter 2021 Earnings Results; Declares Quarterly Distribution of $0.62 Per ShareNEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2021 and declared a quarterly stockholder distribution of $0.62 per share for the fourth quarter of 2021, payable on November 30, 2021 to stockholders of record at the close of business on November 15, 2021. This is an increase of $0.02 per share from $0.60 per share last quarter. Third Quarter 2021 Highlights Completed a 1-for-10 reverse stock split of the Company's common stock effective August 26, 2021.Net investment income for the quarter was $1.50 per share, or $13.7 million. Net
- Portman Ridge Finance Corporation Schedules Third Quarter 2021 Earnings Release and Conference CallNEW YORK, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") will release its financial results for the third quarter ended September 30, 2021 on Thursday, November 4, 2021, after market close. The Company will host a conference call on Friday, November 5, 2021 at 11:00 a.m. Eastern Time to discuss these results. By Phone:To access the call, please dial (866) 757-5630 approximately 10 minutes prior to the start of the conference call and use the conference ID 7445538. A replay of this conference call will be available from November 5 through November 12. The dial in number for the replay is (855) 859-2056 and the conference ID is 7445538. B
- Portman Ridge Finance Corporation Reports Second Quarter 2021 Earnings Results; Declares Quarterly Distribution of $0.06 Per Share and Announces 1-for-10 Reverse Stock SplitNEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the second quarter ended June 30, 2021 and declared a quarterly stockholder distribution of $0.06 per share, payable on August 31, 2021 to stockholders of record at the close of business on August 17, 2021. The Company also announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's then outstanding common stock, which is expected to be completed in the third quarter of 2021. Second Quarter 2021 Highlights Net investment income for the quarter was $0.15 per share, or $11.7 million. N
- Portman Ridge Finance Corporation Schedules Second Quarter 2021 Earnings Release and Conference CallNEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") will release its financial results for the second quarter ended June 30, 2021 on Thursday, August 5, 2021, after market close. The Company will host a conference call on Friday, August 6, 2021 at 11:00 a.m. Eastern Time to discuss these results. By Phone:To access the call, please dial (866) 757-5630 approximately 10 minutes prior to the start of the conference call and use the conference ID 4656216. A replay of this conference call will be available from August 6 through August 13. The dial in number for the replay is (855) 859-2056 and the conference ID is 4656216. By Webcast: A