Portman Ridge(PTMN) - 2024 Q3 - Quarterly Results

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 ...