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BCP Investment: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — BCP Investment Corp. (BCIC) on Wednesday reported a third-quarter loss of $13.5 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of $1.09 per share. Earnings, adjusted for investment costs, came to 37 cents per share.

The business development company posted revenue of $13.9 million in the period.

BCP Investment shares have dropped 44% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.57, a decrease of 49% in the last 12 months.

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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 BCIC at https://www.zacks.com/ap/BCIC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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