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Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
GlobeNewswire· 2025-01-16 21:05
Call Scheduled for 10:30 am ET on Friday, March 14, 2025NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, after market close. The Company will host a conference call on Friday, March 14, 2025, at 10:30 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 968-2525 approximately 10 ...
Boards of Directors of Portman Ridge Finance Corporation and Logan Ridge Finance Corporation Form Special Committees to Continue Evaluating Potential Business Combination
GlobeNewswire News Room· 2024-12-12 13:30
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge”) and Logan Ridge Finance Corporation (Nasdaq: LRFC) (“Logan Ridge”) announced today that their boards of directors have established special committees of independent directors to more fully evaluate the potential business combination of the two companies that was previously disclosed in their respective Form 10-Q filings with the Securities and Exchange Commission (the “SEC”), which may result in th ...
Portman Ridge(PTMN) - 2024 Q3 - Quarterly Results
2024-11-12 21:50
Exhibit 99.1 FOR IMMEDIATE RELEASE Portman Ridge Finance Corporation Announces Third Quarter 2024 Financial Results Reports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Continued Share Repurchase Program: Total of 33,429 Shares for an Aggregate Cost of Approximately $0.6 Million Repurchased During the Third Quarter; Accretive to NAV by $0.01 Per Share Announces Fourth Quarter ...
Portman Ridge(PTMN) - 2024 Q3 - Earnings Call Transcript
2024-11-12 20:10
Portman Ridge Finance Corporation (NASDAQ:PTMN) Q3 2024 Earnings Conference Call November 12, 2024 10:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schafer - Chief Investment Officer Brandon Satoren - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven Martin - Slater Capital Paul Johnson - KBW Operator Welcome to Portman Ridge Finance Corporation's Third Quarter 2024 Earnings Conference Call. An earnings p ...
Portman Ridge(PTMN) - 2024 Q3 - Earnings Call Presentation
2024-11-12 16:24
PORTMAN Q3 2024 Earnings Presentation November 12, 2024 Important Information Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements. The matters discussed in this presentation, as well as in future oral and written statements by management of Portman Ridge Finance Corporation ("PTMN", "Portman Ridge" or the "Company"), that are forward-looking statements are based on current management expectations that involve substantial risks and uncertainties whi ...
Portman Ridge (PTMN) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:21
Portman Ridge (PTMN) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this business development company would post earnings of $0.69 per share when it actually produced earnings of $0.70, delivering a surprise of 1.45%.Over the last four quarte ...
Portman Ridge(PTMN) - 2024 Q3 - Quarterly Report
2024-11-07 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 814-00735 Portman Ridge Finance Corporation (Exact name of Registrant as specified in its charter) Delaware 20-5951150 (State or other jurisdiction o ...
Portman Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-10-23 20:05
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the con ...
Portman Ridge(PTMN) - 2024 Q2 - Quarterly Results
2024-08-12 20:19
Exhibit 99.1 FOR IMMEDIATE RELEASE Portman Ridge Finance Corporation Announces Second Quarter 2024 Financial Results Reports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share Amends and Extends Existing Senior Secured Revolving Credit Facility; Upsizes Commitments to $200.0 Million from $115.0 Million, Reduces Interest Rate Margin to 2.50% from 2.80% Continued Share Repurchase Program: Total of 79,722 Shares for an Aggregate Cost of Approximately $1.6 Million Repurchased Durin ...
Portman Ridge(PTMN) - 2024 Q2 - Earnings Call Transcript
2024-08-09 23:10
Portman Ridge Finance Corporation (NASDAQ:PTMN) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President and Director Patrick Schafer - Chief Investment Officer Brandon Satoren - Chief Financial Officer, Secretary and Treasurer Conference Call Participants Christopher Nolan - Ladenburg Deepak Sarpangal - Repertoire Partners Steven Martin - Slater Capital Management Operator Good morning, ladies and gentlemen, and welcome to Portman ...