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Prospect Capital Corp. reports $21.6 million loss for fiscal Q1

Associated Press +1 · ·by G4L

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PSEC Prospect Capital Corp
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  1. 1Prospect Capital Corp. recorded a loss of $21.6 million for fiscal Q1.
  2. 2Prospect Capital Corp. reported a loss of 10 cents per share for fiscal Q1.
  3. 3Prospect Capital Corp. recorded revenue of $151.7 million for the period.

So what's the key point?

Prospect Capital Corp. recorded a loss of $21.6 million this quarter. This means the company spent more money than it earned.

Source Associated Press +1 · View original ↗

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