FARMINGTON, Conn. (AP) — FARMINGTON, Conn. (AP) — Horizon Technology Finance Corp. (HRZN) on Tuesday reported a loss of $12.4 million in its fourth quarter.
On a per-share basis, the Farmington, Connecticut-based company said it had a loss of 32 cents. Earnings, adjusted for investment costs, were 27 cents per share.
The investment company posted revenue of $23.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $25.2 million.
For the year, the company reported a loss of $5.6 million, or 16 cents per share. Revenue was reported as $99.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HRZN at https://www.zacks.com/ap/HRZN
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