PennantPark Investment Corporation Reports $14.99 Million Interest Income for Q2 2025, GAAP Net Asset Value Per Share Declines by 1.2%

Reuters
05-13
<a href="https://laohu8.com/S/PNNTG">PennantPark Investment Corporation</a> Reports $14.99 Million Interest Income for Q2 2025, GAAP Net Asset Value Per Share Declines by 1.2%

PennantPark Investment Corporation announced its financial results for the quarter ended March 31, 2025. The company reported an investment portfolio valued at $1.2136 billion and net assets totaling $488.1 million. The GAAP net asset value per share was reported at $7.48, reflecting a quarterly decrease of 1.2%. The adjusted net asset value per share also stood at $7.48, showing the same quarterly change of -1.2%. The company's credit facility was reported at $311.4 million, and the 2026 Notes stood at $149 million. Core net investment income (Core NII), a non-GAAP measure that excludes one-time or non-recurring investment income and expenses, was disclosed, excluding $0.3 million of credit facility amendment cost and $0.1 million of incentive fee expense offset. For the three months ended March 31, 2025, the company generated $14.987 million in interest income from non-controlled, non-affiliated investments, a decrease from $22.904 million in the same period of the previous year. Dividend income for the quarter was $499,000, compared to $623,000 in the prior year. Other income was reported at $120,000, down from $778,000 in the previous year. Overall, PennantPark's results reflect a decrease in certain income streams compared to the same period in the previous year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PennantPark Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-003085), on May 12, 2025, and is solely responsible for the information contained therein.

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