Powered by

BlackRock Kelso: 1Q Earnings Snapshot

May 02, 2018 - Associated Press Financial Wire

NEW YORK (AP) _ BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported a first-quarter loss of $916,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 1 cent. Earnings, adjusted for investment costs, were 15 cents per share.

The closed-end investment company posted revenue of $20.8 million in the period.

BlackRock Kelso shares have risen slightly since the beginning of the year. In the fina...