MIAMI (AP) — MIAMI (AP) — WhiteHorse Finance Inc. (WHF) on Thursday reported a loss of $6.9 million in its third quarter.
On a per-share basis, the Miami-based company said it had a loss of 30 cents. Earnings, adjusted for investment costs, were 39 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The lender to small companies posted revenue of $22.9 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $23.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHF at https://www.zacks.com/ap/WHF
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.