NEW YORK (AP) — NEW YORK (AP) — BCP Investment Corp. (BCIC) on Thursday reported a loss of $10.2 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of 82 cents. Earnings, adjusted for investment costs, came to 55 cents per share.
The business development company posted revenue of $17.6 million in the period.
BCP Investment shares have decreased 34% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.86, a decrease of 36% in the last 12 months.
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