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Stock impact report

Logan Ridge Finance Corporation Announces Second Quarter 2024 Financial Results [Yahoo! Finance]

Logan Ridge Finance Corporation (LRFC) 
Company Research Source: Yahoo! Finance
Declared a Distribution of $0.33 Per Share for the Third Quarter of 2024 NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “Logan”, “LRFC”, “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total Investment Income increased to $5.4 million for the quarter ended June 30, 2024, from $5.0 million reported for the quarter ended March 31, 2024. Net Investment Income (“NII”) decreased to $0.8 million, or $0.28 per share, for the quarter ended June 30, 2024 as compared to $0.9 million or $0.35 per share reported in the quarter ended March 31, 2024. Net investment income for the current quarter includes $0.3 million, or $0.10 per share, of certain non-recurring incremental professional fees and other expenses. Net asset value decreased to $33.13 per share as of June 30, 2024, from $33.71 per share as of March 31, 2024. Made approx Show less Read more
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