earnings
confidence high
sentiment negative
materiality 0.75
PNNT reports Q4 NII $0.15/sh; FY NII $0.71/sh, down from $0.92; NAV $7.11, down 6% YoY
PENNANTPARK INVESTMENT CORP
- Net investment income per share $0.15 Q4, $0.71 FY, down from $0.22 and $0.92 YoY.
- Net asset value per share $7.11 as of Sep 30, down 6% from $7.56; quarterly NAV change -3.4%.
- Weighted average yield on debt investments fell to 11.0% from 12.3% in prior year; portfolio $1.29B.
- Spillover income estimated at $0.73/sh; CEO cites equity realizations to support NII coverage.
- Net realized losses of $(52.4)M in FY 2025 vs $(33.6)M in FY 2024; non-accruals improved.