BlackRock TCP Capital Corp. NII $0.44 Vs $0.34 YoY
Portfolio Pulse from Benzinga Newsdesk
BlackRock TCP Capital Corp. reported a Net Investment Income (NII) of $0.44, compared to $0.34 year-over-year (YoY), indicating a significant increase in profitability.
February 29, 2024 | 1:07 pm
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BlackRock TCP Capital Corp. (TCPC) reported a notable increase in Net Investment Income from $0.34 to $0.44 year-over-year.
The significant increase in NII for BlackRock TCP Capital Corp. suggests improved profitability and operational efficiency. This positive financial performance is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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