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BlackRock Kelso posts 4Q profit

Mar 07, 2018 - Associated Press Financial Wire

NEW YORK (AP) _ BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported fourth-quarter earnings of $3.3 million.

On a per-share basis, the New York-based company said it had profit of 5 cents. Earnings, adjusted for investment costs, came to 19 cents per share.

The closed-end investment company posted revenue of $24.4 million in the period.

For the year, the company reported net income of $20.9 million, or 29 cents per share, swinging to a profit in the period. Revenue was r...