MIAMI (AP) — MIAMI (AP) — WhiteHorse Finance Inc. (WHF) on Thursday reported third-quarter net income of $5.6 million.
The Miami-based company said it had profit of 24 cents per share. Earnings, adjusted for investment costs, came to 46 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 46 cents per share.
The lender to small companies posted revenue of $25.9 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $25.4 million.