PennantPark Floating Rate Capital Ltd. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported revenue was USD 31.34 million compared to USD 26.34 million a year ago. Net loss was USD 1.62 million compared to net income of USD 14.43 million a year ago.

Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.37 a year ago.