Logan Ridge Finance Corporation Announces Third Quarter 2024 Financial Results
Logan Ridge Finance Corporation (LRFC)
Company Research
Source: GlobeNewswire
Reports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits Largest Equity Investment, Nth Degree Investment Group, LLC (“Nth Degree”) Declared a Distribution of $0.36 Per Share for the Fourth Quarter of 2024, Which Represents a 9% Increase Compared to the Third Quarter of 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “LRFC”, the “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total Investment Income was $5.1 million for the quarter ended September 30, 2024, as compared to $5.4 million reported for the quarter ended June 30, 2024.Net Investment Income (“NII”) increased to $1.0 million, or $0.37 per share, for the quarter ended September 30, 2024, as compared to $0
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- Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC [Yahoo! Finance]Yahoo! Finance
LRFC
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 10/8/24 - Form 40-17G
- LRFC's page on the SEC website