Upcoming Earnings Release for PennantPark Floating Rate Capital
Upcoming Earnings Release Schedule
MIAMI — PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) has announced an important date for shareholders and potential investors. The company is set to disclose its financial performance for the fourth fiscal quarter, concluding September 30, 2024, on November 25, 2024, just after the market's closing bell. This results announcement marks a significant event for stakeholders eager to assess the company’s financial health and progress.
Conference Call Details
On the following day, November 26, 2024, at 9:00 a.m. (Eastern Time), the company will hold a conference call to discuss the results of the quarter. This interactive session provides an opportunity for all interested parties to gain insights directly from company leadership. To join the conference call, participants are advised to dial toll-free (888) 394-8218 approximately 5-10 minutes before the call begins. For international participants, the number is (646) 828-8193. It is important to reference conference ID #3226260 to ensure smooth access.
Corporate Profile of PennantPark Floating Rate Capital Ltd.
PennantPark Floating Rate Capital Ltd., a business development company, specializes in investing in U.S. middle-market private enterprises. The firm primarily provides floating rate senior secured loans, which include first and second lien secured debts as well as subordinated debt offerings. PennantPark actively seeks to support the growth of these businesses and sometimes diversifies its portfolio to include equity investments as well.
Insights on Investment Management
The company is managed by PennantPark Investment Advisers, LLC, a prominent player in the middle-market credit space. With a robust management portfolio, the firm oversees around $8.0 billion in investable resources, demonstrating its capacity and expertise in navigating complex financial landscapes. Since its establishment in 2007, PennantPark Investment Advisers has been dedicated to delivering innovative financing solutions tailored for private equity firms and their associated portfolio companies.
Commitment to Investors
PennantPark’s investment strategy is characterized by a comprehensive, flexible approach to financing. This commitment enables the firm to adapt to varying market conditions while providing valuable capital access to its borrowers. Their diversified portfolio not only contributes to the growth of the borrowers but also seeks to enhance shareholder value through sound investment practices.
Company's Headquarters and Operations
The company's headquarters is located in Miami, with additional offices strategically positioned in major cities including New York, Chicago, Houston, Los Angeles, and Amsterdam. This geographical diversity enhances PennantPark’s ability to engage with clients and investors across various markets.
Frequently Asked Questions
What is the significance of the upcoming earnings release?
The earnings release is a critical opportunity for investors to assess the company's financial performance and outlook, which can inform their investment decisions.
When will the conference call take place?
The conference call discussing the earnings results will occur on November 26, 2024, at 9:00 a.m. (Eastern Time).
How can I participate in the conference call?
To join the call, you can dial toll-free (888) 394-8218 or (646) 828-8193 for international callers, mentioning the conference ID #3226260.
What types of investments does PennantPark Floating Rate Capital Ltd. focus on?
PennantPark primarily invests in floating rate senior secured loans to middle-market private companies, along with select equity investments.
Who manages PennantPark Floating Rate Capital Ltd.?
The company is managed by PennantPark Investment Advisers, LLC, a recognized leader in the middle-market credit sector with substantial assets under management.
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