NEW YORK (AP) — NEW YORK (AP) — Portman Ridge Finance Corporation (PTMN) on Thursday reported a loss of $12.4 million in its fourth quarter.

The New York-based company said it had a loss of $1.28 per share. Earnings, adjusted for investment costs, came to 74 cents per share.

The business development company posted revenue of $18.6 million in the period.

For the year, the company reported a loss of $21 million, or $2.18 per share. Revenue was reported as $69.6 million.

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