LOS ANGELES (AP) — LOS ANGELES (AP) — Crescent Capital BDC, Inc. (CCAP) on Wednesday reported second-quarter earnings of $15 million.
On a per-share basis, the Los Angeles-based company said it had profit of 41 cents. Earnings, adjusted for investment costs, came to 46 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 46 cents per share.
The company posted revenue of $43 million in the period.
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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 CCAP at https://www.zacks.com/ap/CCAP